Overview of the Department of Labor’s Spring 2010 Regulatory Agenda

On April 26, 2010, the Employee Benefits Security Administration of the U.S. Department of Labor (“Department”) released its semiannual regulatory agenda, which lists regulations the Department expects to have under active consideration and its regulatory priorities. Although final action on these matters may be months (or even a year or more) away, financial institutions may wish to consider the effects of coming regulatory changes on the services they provide to ERISA-covered plans. We discuss this further in the attached article.