### Question
What does eligible investment expert mean?


### Answer
**Eligible investment expert** has the following meaning in *29 U.S.C. § 1108*:

> any person—


(I) which meets such requirements as the Secretary may provide, and


(II) does not bear any material affiliation or contractual relationship with any investment adviser or a related person thereof (or any employee, agent, or registered representative of the investment adviser or related person)

#### Citation:
  - *29 U.S.C. § 1108*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle B-Regulatory Provisions > part 4-fiduciary responsibility**

