The Department of Labor’s Employee Benefit Security Administration (EBSA) announced June 16 that it will hold public hearings on its fiduciary proposal on Aug. 10, 11 and 12 — and 13, if necessary.
The hearing will be held in the César E. Chávez Memorial Auditorium at the DOL, Frances Perkins Building, 200 Constitution Avenue, NW, Washington, D.C. One may submit a request to testify at the hearing; requests must be received by 5:00 pm EDT on July 24. Requests can be made via two methods:
1. Email to: [email protected], subject line: Conflict of Interest Rule Hearing.
2. Mail to: Office of Regulations and Interpretations, Employee Benefits Security Administration, Attn: Conflict of Interest Rule Hearing, Room N-5655, U.S. Department of Labor, 200 Constitution Avenue, NW, Washington, D.C. 20210.
Written Comments
Currently the number of public comments on the rule submitted in writing stands at 100. The number of public comments on the exemptions in the rule — 36 — remains unchanged from our last report on June 5.
The deadline for submitting written comments is July 21; information on how to submit written comments can be found in the EBSA's June 16 announcement, which will be published in the Federal Register on June 18.
