Michael B. Richman is a partner with Morgan Lewis's Employee Benefits and Executive Compensation Practice. Mr. Richman’s principal focus is on matters under the ERISA fiduciary responsibility rules. He advises plan sponsors on investment matters for defined benefit and defined contribution plans, and investment adviser firms on ERISA compliance for ERISA plan separately managed accounts, collective investment funds, and private funds.
In addition, Mr. Richman counsels clients on fiduciary governance of ERISA plans, prohibited transaction issues in proposed transactions and transactions under government investigation, and preparing requests to the U.S. Department of Labor for prohibited transaction exemptions and advisory opinions. His practice also includes advising IRA custodians on permissible IRA investment and investment restrictions.
Prior to joining Morgan Lewis, Mr. Richman was counsel in the benefits and executive compensation and investment management groups at one of the 15 largest global law firms.
Mr. Richman has authored or co-authored a number of articles on ERISA, benefits, and securities issues. He is the co-author of the book ERISA Class Exemptions and of chapters on the ERISA class exemptions and trustee responsibility in the book ERISA Fiduciary Law.
Mr. Richman received his A.B., magna cum laude, from Princeton University and his J.D. from Columbia University.
He is the co-author of the Bloomberg BNA treatise ERISA Class Exemptions.
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