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ESOP Association's Statement to Subcommittee on Health, Education, Labor, and Pensions fpr July 26, 2011, Hearing on 'Redefining 'Fiduciary' (PDF)
The ESOP Association 
[Opinion] July 27, 2011
With regard to incorrect valuations of private company ESOP stock, the Association acknowledges and shares the DOL's concern but questions whether the problem is as widespread as the DOL implies. The Association has not heard significant numbers of complaints from its corporate or fiduciary members about incorrect ESOP valuations.
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