Rob Hoskins
10-17-2008, 04:05 PM
The D.O.L. has issued two interpretive bulletins on fiduciary compliance>
WASHINGTON — The U.S. Department of Labor today announced the issuance of new guidance under the Employee Retirement Income Security Act (ERISA) clarifying the obligations of plan fiduciaries when considering shareholder rights and investments in economically targeted investments. The guidance is being issued in the form of two interpretive bulletins detailed below.
Here is the link to the press release: http://7thspace.com/headlines/295437/us_department_of_labor_updates_fiduciary_guidance_ on_exercising_shareholder_rights_and_investing_in_ economically_targeted_investments.html
WASHINGTON — The U.S. Department of Labor today announced the issuance of new guidance under the Employee Retirement Income Security Act (ERISA) clarifying the obligations of plan fiduciaries when considering shareholder rights and investments in economically targeted investments. The guidance is being issued in the form of two interpretive bulletins detailed below.
Here is the link to the press release: http://7thspace.com/headlines/295437/us_department_of_labor_updates_fiduciary_guidance_ on_exercising_shareholder_rights_and_investing_in_ economically_targeted_investments.html