AICPA Welcomes Introduction of House Legislation Exempting Valuation Specialists from Fiduciary Status

statement by Barry C. Melancon, CPA, CGMA, president and CEO of the American Institute of CPAs (AICPA), in reaction to the introduction of H.R. 2041, legislation to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock

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