Lindsay B. Jackson

Clients turned to Lindsay in developing their responses to the now vacated US Department of Labor fiduciary rule, including developing business strategies, creative solutions, and effective disclosures as well as engaging with the regulators to seek clarifying guidance and harmonization with the other federal and state laws governing the space. Leveraging her knowledge of the retail investor space, Lindsay now focuses on implementation issues related to the US Securities and Exchange Commission’s Regulation Best Interest and developing fiduciary standards in the states.

Lindsay also counsels financial services firms on their compliance with the prohibited transaction rules under ERISA and the Internal Revenue Code, including issues raised by investments in proprietary funds and products, householding assets for fee discounts, cash sweep, receiving shareholder servicing, revenue sharing and other third-party payments in connection with advisory services, and principal trading. Additionally, she helps pension plans and pension investment consultants and managers negotiate ERISA plan investments in private equity funds, hedge funds, collective investment trusts, separately managed accounts, and other investment vehicles.