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Posted

Does anyone have any experience/success with the DOL in narrowing the scope of a national office request for a global review of 408(b)(2) disclosures?

Posted

Experience, yes, success no (really TBD).  We are currently involved in two audits of our clients, where the DOL has taken a serious interest in our 408(b)(2)'s - but are approaching it from the perspective of why the plan sponsor didn't seek clarification and/or fire us - because they have some issues with the disclosure (and the national office has been involved).

What specific issues are you involved in?

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