Alert March 20, 2014

Goodwin Procter Alert: DOL Issues Proposed Rule Requiring Guide for 408(b)(2) Disclosures

Goodwin Procter’s March 18, 2014 Financial Services Alert analyzed the March 11, 2014 proposal by the Department of Labor (“DOL”) to require covered service providers of certain employee benefit plans to provide a guide to augment disclosures required under its 408(b)(2) disclosure regulation, if such disclosures are provided in lengthy or multiple documents.  Comments are due to the DOL by May 12, 2014.