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Update on Notice of Participant Right to Divest Publicly Traded Employer Securities
FIS Relius
Dec. 1, 2006 Excerpt: Section 901 gives certain participants a right to divest (i.e., reinvest) any publicly traded employer securities held in a non-ESOP plan on their behalf. Section 507 requires the plan administrator to notify participants of their divestment rights. MORE >> |
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