DOL Semiannual Regulatory Updates Includes Item on Brokerage Windows

The Labor Department, Treasury Department and Internal Revenue Service, and Pension Benefit Guaranty Corporation recently issue their Semiannual Regulatory Updates for guidance projects the agencies intend to focus on during the upcoming year.

While the agency agendas primarily reflect the previously released guidance plans, it appears the Labor Department does have a new item on its agenda relating to standards for brokerage windows.

According to the agency rule list, the DOL’s Employee Benefits Security Administration (EBSA) will review the use of brokerage windows in participant-directed individual account retirement plans covered by ERISA.

ERIC members and trial members can read more here.