DOL seeks comments on EBSA-sponsored information collection request on 408(b)(2) disclosure requirements

The Department of Labor is submitting an Employee Benefits Security Administration (EBSA) sponsored information collection request titled “Employee Retirement Income Security Act Section 408(b)(2) Regulation” to the Office of Management and Budget (OMB) for review and approval for continued use, without change. The regulation requires certain retirement plan service providers to disclose information about their compensation and potential conflicts of interest to responsible plan fiduciaries.
Written comments, which should be received on or before June 4, 2018, should be submitted to the Office of Information and Regulatory Affairs, Attn: OMB Desk Officer for DOL-EBSA, Office of Management and Budget, Room 10235, 725 17th Street, NW., Washington, DC 20503, Fax: 202-395-5806 (this is not a toll-free number), or email:

Source: 83 FR 19837, May 4, 2018.
Visit our News Library to read more news stories.