DOL Works on Re-Proposal - SES Advisors
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DOL Works on Re-Proposal

Author: SES Advisors

In the February 15 NCEO Employee Ownership Update, Loren Rodgers reports on plans by the Department of Labor’s Employee Benefits Security Administration to re-propose a regulation that would make appraisers of ESOP plan transactions fiduciaries of the plan. In September 2011, the department withdrew its original proposal that would have made the appraisers of ESOP plans fiduciaries on an annual basis. The re-proposal focuses only on transaction appraisals.

To read the full press release, please visit the The NCEO’s website.

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