AICPA supports bill to exempt valuation specialists from fiduciary status

Washington, D.C. - The president and CEO of the American Institute of CPAs (AICPA), Barry C. Melancon, CPA, CGMA, has publicly announced his organization's support for a new bill in the House of Representatives. H.R. 2041 would modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans. “The American Institute of CPAs (AICPA) welcomes the introduction of this legislation by Representatives Brett...
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AICPA supports bill to exempt valuation specialists from fiduciary status

“The American Institute of CPAs (AICPA) welcomes the introduction of this legislation by Representatives Brett Guthrie (R-Ky.), Lynn Jenkins (R-Kan.) and Dave Loebsack (D-Iowa).

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