For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Compliance June 28, 2011
DoL Launches Site for Feedback on Regulations
As part of its efforts to comply with the President’s executive
order for agencies to find ways to reduce regulatory burden, the
U.S. Department of Labor has launched a Web site to collect feedback.
Reported by PLANADVISER staff
The Department published its Preliminary Plan for Retrospective Analysis of Existing Rules in May, which identifies regulations being proposed or reviewed by various DoL agencies. The Web site asks for input on that preliminary plan.
The DoL said those submitting a new idea should provide as much detail as possible and include empirical evidence and data to support the idea, whenever possible.
Those visiting the site can also vote for or against another submitter’s idea.
The site is at http://dolregs.ideascale.com/.You Might Also Like:
Joint Amicus Brief Backs Dismissal of 401(k) Forfeiture Complaint Against Wells Fargo
The ERISA Industry Committee and its coalition said that the IRS has consistently taken the position that forfeitures can be...
Federal Appeal of DOL Fiduciary Rule Ends in Circuit Court
The Department of Labor has ended its defense of a 2024 fiduciary rule that would have brought retirement investment advice...
DOL Withdraws Appeal of Stay of 2024 Fiduciary Rule
The Department of Labor’s proposed rule would have expanded the definition of a fiduciary for retirement investors, including rollovers from...