Sec. Perez addresses fiduciary standard during CEO roundtable

May 20th, 2015 | Caitlin Greene

As part of his personal initiative to listen to the opinions of those this regulation will affect, Secretary Perez recently chaired a 26-person roundtable in St Petersburg comprised of the CEOs, CFOs and directors’ of human resources for some of Tampa Bay’s largest and most influential corporations and not-for-profit organizations.    The topic of the roundtable was the very initiative Secretary Perez and President Obama announced on February 23 – the fiduciary standard of care for all retirement plans in the U.S. and the importance of eliminating the excessive fees and conflicts of interest currently embedded in many U.S. retirement plans.

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