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ESOP Association Petition for Notice-and-Comment Rulemaking Regarding the Definition of 'Adequate Consideration' Under ERISA Section 408(e) (PDF)
The ESOP Association 
[Opinion] Sept. 22, 2022 26 pages. "After nearly 50 years, it is time for the Department to end its procedurally improper, retroactive approach to policymaking and engage with stakeholders in a notice-and-comment rulemaking process as Congress originally intended. It is not only The ESOP Association and its members that recognize this fact; both the House and Senate recently passed bipartisan legislation that would require the Department to provide formal guidance on the adequate consideration exemption." [Also available: Fact Sheet] MORE >> |
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