Labor Seeks Approval for Fund Conversion Transaction Forms
Published Date: 3/28/2025
Notice
Summary
The Department of Labor is asking for approval to collect info about special investment fund transactions to keep things fair and clear. This affects folks managing retirement plans and helps protect workers' money. They want your thoughts soon, so the process stays smooth and timely without extra costs.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
DOL Seeks Data on Fund Conversions
The Department of Labor is asking OMB to approve collecting information about special collective investment fund conversion transactions under Prohibited Transaction Class Exemption 1997-41. This information collection is intended to keep retirement-plan transactions fair and clear and to help protect workers' retirement assets.
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Key Dates
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