Department of Labor Expands Annual Reporting Requirements for Service Provider Compensation
17 March 2010
Mayer Brown Legal Update
New service provider compensation reporting rules applicable to ERISA plans went into effect for the 2009 reporting year. Some plans will begin filing annual reports subject to the new rules as early as July 31, 2010, and most will look to their service providers, including fund managers, to provide the in-depth information now required.