Employee Benefits Security Administration June 3, 2014 – Federal Register Recent Federal Regulation Documents

Target Date Disclosure
Document Number: 2014-12667
Type: Proposed Rule
Date: 2014-06-03
Agency: Employee Benefits Security Administration, Department of Labor
The Department of Labor's Employee Benefits Security Administration is reopening the period for public comment on proposed regulatory amendments relating to enhanced disclosure concerning target date or similar investments, originally proposed November 30, 2010, in a previously published document in the Federal Register. In 2013, the Securities and Exchange Commission's Investor Advisory Committee recommended that the Commission develop a glide path illustration for target date funds that is based on a standardized measure of fund risk as a replacement for, or supplement to, an asset allocation glide path illustration. The Department is reopening the comment period on its 2010 proposal, which contained an asset allocation glide path illustration requirement, to seek public comment on this recommendation.