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:
DOL’s Khawar, Among Architects of New Retirement Fiduciary Rule, To Step Down
The career EBSA official who had been appointed by Biden to principal deputy assistant secretary will be leaving January 20.
Compliance Year in Review
David Kaleda, an ERISA expert, reflects on the year that was for plan fiduciaries.
Video: Lisa Gomez Discusses Her Exit Strategy
The EBSA head discusses the importance of the DOL continuing to do outreach on retirement savings to participants on the...