On June 1, 2011, the U.S. Department of Labor (DOL) proposed to extend the applicability dates for a new regulation governing disclosure by retirement plan service providers and disclosures provided to participants of participant-directed 401(k) and similar plans. 76 Fed. Reg. 31544 (June 1, 2011).
The deadline to submit comments on the proposed extension was June 15, 2011. In the attached article, we discuss where matters stand now.