The Department is set to publish a notice of hearing and extension of comment period on June 18th. It will extend the comment period on its proposed revisions to the definition of fiduciary advice under section 3(21) of the Employee Retirement Income Security Act of 1974, as amended (ERISA). Comment letters must now be received on or before July 21, 2015.

The notice also provides information regarding the public hearings to be held on August 10, 11, and 12, and continuing through August 13, 2015 (if necessary). Each day of hearings will begin at 9 a.m. EDT, in the CŽsar E. Ch‡vez Memorial Auditorium of the U.S. Department of Labor, Frances Perkins Building, at 200 Constitution Avenue, NW, Washington, DC 20210.Please see the attached memo for further information.

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