A highlight of the Summer was an August evening we spent in Chicago with our ERISA colleagues and clients discussing recent ERISA developments. Alan Lebowitz and Bill Ryan led a fireside chat that delved into issues facing ERISA fiduciaries in light of the U.S. Department of Labor’s new conflict of interest regulation. The discussion also touched on the evolving roles of independent fiduciaries in resolving potential conflicts of interest. We welcome the opportunity to share our perspectives on fiduciary issues impacting ERISA pension and welfare plans. Please reach out to your Evercore Trust contact, or contact Bill Ryan, President and Chief Fiduciary Officer.