9/7/2006: ERISA Advisory Council's Working Group on Plan Asset Rules, Exemptions, and Cross Trading to Meet (Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL])

Excerpt: The purpose of the open meeting [on September 20, 2006] ... is for Working Group members to hear testimony from invited witnesses. The Working Group will study (1) the current applicability of the 1987 plan asset regulation, to determine whether the regulation should be modified or whether other DOL action is appropriate to clarify the existing regulation, and (2) cross trading, to determine whether the DOL should issue broader exemptive relief for cross-trading.