Compliance July 19, 2010

Reish & Reicher Provide Side-By-Side on Fee Disclosure

Last week the Department of Labor released its “interim final regulation” under ERISA Section 408(b)(2) related to the disclosure of fees by service providers.
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While the particulars of that new regulation were published here last week (see DoL Issues New Rules on Fee Disclosure), and the particulars of the prior regulation published previously as well (see EBSA Puts Out Provider Fee Disclosure Proposal), Reish and Reicher’s Fred Reish and Bruce Ashton have put together an information piece on the new regulation, with a helpful side-by-side chart outlining the major differences between this new regulation and the one proposed in 2007.

The chart is available at http://www.reish.com/publications/pdf/DOLfinalfeedisc408(b)(2).pdf 

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Deals & People July 19, 2010

Winston & Strawn Brings on ERISA Litigator

Winston & Strawn LLP announced that Caryn L. Jacobs has joined its litigation department in Chicago as a partner. 

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Jacobs is a litigator focusing on securities, accounting and auditing professional liability, and Employee Retirement Income Security Act (ERISA) litigation, She joins Winston from Mayer Brown, where she was a partner and co-chair of that firm’s Securities Litigation and Corporate Governance Group.  

According to the announcement, after serving as a Assistant U.S. Attorney for the Northern District of Illinois’ Criminal Division and in private practice, Jacobs gained extensive civil experience in numerous cases involving professional accounting and auditing services, federal securities law, financial institutions, ERISA, and other high-stakes commercial disputes. She was awarded the Northern District of Illinois’s Award for Excellence in Pro Bono Service this year.   

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Jacobs earned her J.D., cum laude, from Harvard Law School.  She also received an A.B., with distinction and with honors in humanities, from Stanford University.  

More information about the firm is at http://www.winston.com. 

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