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Rating:The DOL Will Make a Summer Move on Target Date Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, April 27, 2010

The DOL Will Make a Summer Move on Target Date Funds

Reported by Neil Anderson, Managing Editor

Fundsters interested in the growing niche world of target date funds may want to keep an eye on the Department of Labor (DoL) this summer. Yesterday the DoL's Employee Benefits Security Administration (EBSA) revealed in its Semiannual Regulatory Agenda that it plans to unveil its proposed (probably disclosure-focused) target date fund regulations in August.

The Securities and Exchange Commission (SEC) is also looking into target date fund marketing and disclosure.

The DoL offers a brief hint as to what the new target date fund disclosure regs might look like. 

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