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
) 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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