Employee Benefits Security Administration March 2, 2010 – Federal Register Recent Federal Regulation Documents

Investment Advice-Participants and Beneficiaries
Document Number: 2010-4196
Type: Proposed Rule
Date: 2010-03-02
Agency: Employee Benefits Security Administration, Department of Labor
This document contains a proposed rule under the Employee Retirement Income Security Act, and parallel provisions of the Internal Revenue Code of 1986, relating to the provision of investment advice to participants and beneficiaries in individual account plans, such as 401(k) plans, and beneficiaries of individual retirement accounts (and certain similar plans). Upon adoption, the proposed rule would implement provisions of a statutory prohibited transaction exemption, and would replace guidance contained in a final rule, published in the Federal Register on January 21, 2009, that was withdrawn by the Department pursuant to a Notice published in the Federal Register on November 20, 2009. Upon adoption, the proposed rule affects sponsors, fiduciaries, participants and beneficiaries of participant-directed individual account plans, as well as providers of investment and investment advice related services to such plans.
Multiemployer Pension Plan Information Made Available on Request
Document Number: 2010-4097
Type: Rule
Date: 2010-03-02
Agency: Employee Benefits Security Administration, Department of Labor
This document contains a final rule implementing section 101(k) of the Employee Retirement Income Security Act of 1974, as amended by the Pension Protection Act of 2006. Section 101(k) requires the administrator of a multiemployer plan to provide copies of certain actuarial and financial documents about the plan to participants, beneficiaries, employee representatives and contributing employers upon request. The final rule affects plan administrators, participants and beneficiaries and contributing employers of multiemployer plans.