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DOL Continues to Expand and Improve the Voluntary Fiduciary Correction Program (PDF)
Dechert LLP
June 5, 2006
4 pages. Excerpt: In April of 2005, the DOL proposed to revise to the VFC Program and PTCE 2002-51 (the '2005 Proposals'). The DOL has now adopted final changes to the VFC Program, based on the 2005 Proposals, with some additions and modifications, and has finalized and expanded the proposed revision to PTCE 2002-51, all effective as of May 19, 2006.
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