80_FR_14387 80 FR 14334 - Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans-Timing of Annual Disclosure

80 FR 14334 - Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans-Timing of Annual Disclosure

DEPARTMENT OF LABOR
Employee Benefits Security Administration

Federal Register Volume 80, Issue 53 (March 19, 2015)

Page Range14334-14334
FR Document2015-06210

This document proposes to amend the Department of Labor's ``participant-level fee disclosure'' regulation by making a technical adjustment to an annual timing requirement. In the ``Rules and Regulations'' section of this issue of the Federal Register, we are making this same amendment as a direct final rule. If we receive no significant adverse comment, the direct final rule will go into effect and we will not take further action on this proposed rule. If, however, we receive significant adverse comment, we will withdraw the direct final rule and it will not take effect. In that case, we will address all public comments in a subsequent final rule based on this proposed rule. We will not institute a second comment period on this rule. Any parties interested in commenting must do so during this comment period.

Federal Register, Volume 80 Issue 53 (Thursday, March 19, 2015) 
[Federal Register Volume 80, Number 53 (Thursday, March 19, 2015)]
[Proposed Rules]
[Page 14334]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-06210]


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DEPARTMENT OF LABOR

Employee Benefits Security Administration

29 CFR Part 2550

RIN 1210-AB68


Fiduciary Requirements for Disclosure in Participant-Directed 
Individual Account Plans--Timing of Annual Disclosure

AGENCY: Employee Benefits Security Administration, Department of Labor.

ACTION: Proposed rule.

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SUMMARY: This document proposes to amend the Department of Labor's 
``participant-level fee disclosure'' regulation by making a technical 
adjustment to an annual timing requirement. In the ``Rules and 
Regulations'' section of this issue of the Federal Register, we are 
making this same amendment as a direct final rule. If we receive no 
significant adverse comment, the direct final rule will go into effect 
and we will not take further action on this proposed rule. If, however, 
we receive significant adverse comment, we will withdraw the direct 
final rule and it will not take effect. In that case, we will address 
all public comments in a subsequent final rule based on this proposed 
rule. We will not institute a second comment period on this rule. Any 
parties interested in commenting must do so during this comment period.

DATES: Comments must be received on or before April 20, 2015.

ADDRESSES: You may submit comments, identified by RIN 1210-AB68 
(Fiduciary Requirements for Disclosure in Participant-Directed 
Individual Account Plans--Timing of Annual Disclosure), by one of the 
following methods:
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments.
     Email: [email protected]. Include RIN 1210-AB68 in the subject 
line of the message.
     Mail or Hand Delivery: Office of Regulations and 
Interpretations, Employee Benefits Security Administration, Room N-
5655, U.S. Department of Labor, 200 Constitution Avenue NW., 
Washington, DC 20210.
    Instructions: All submissions received must include the agency name 
and Regulation Identifier Number (RIN) for this rulemaking. Comments 
received by the Department of Labor will be posted without change to 
http://www.regulations.gov and http://www.dol.gov/ebsa, and made 
available for public inspection at the Public Disclosure Room, N-1513, 
Employee Benefits Security Administration, 200 Constitution Avenue NW., 
Washington, DC 20210, including any personal information provided. 
Warning: Do not include any personally identifiable information (such 
as name, address, or other contact information) or other confidential 
business information that you do not want publicly disclosed. All 
comments may be posted on the Internet and can be retrieved by most 
Internet search engines. No deletions, modifications, or redactions 
will be made to the comments received, as they are public records. 
Comments may be submitted anonymously. Persons submitting comments 
electronically are encouraged not to submit paper copies.

FOR FURTHER INFORMATION CONTACT: Eric A. Raps, Office of Regulations 
and Interpretations, Employee Benefits Security Administration, (202) 
693-8532. This is not a toll-free number.

SUPPLEMENTARY INFORMATION: In the ``Rules and Regulations'' section of 
today's Federal Register, the Department of Labor published a direct 
final rule that amends the definition of the term ``at least annually 
thereafter'' contained in 29 CFR 2550.404a-5(h)(1) by substituting the 
term ``14-month period'' for the term ``12-month period.'' This Federal 
Register notice incorporates by reference and proposes the same 
amendment contained in the direct final rule. Please refer to the 
preamble and the regulatory text of the direct final rule for details, 
including information and analyses under applicable Executive Orders, 
the Regulatory Flexibility Act, Paperwork Reduction Act, and Unfunded 
Mandates Reform Act.

    Signed at Washington, DC, this 12th day of March 2015.
Phyllis C. Borzi,
Assistant Secretary, Employee Benefits Security Administration, U.S. 
Department of Labor.
[FR Doc. 2015-06210 Filed 3-18-15; 8:45 am]
 BILLING CODE 4510-29-P

14334 Federal Register / Vol. 80, No. 53 / Thursday, March 19, 2015 / Proposed Rules as amended; the Nuclear Waste Policy Certificate Expiration Date: June 12, • Mail or Hand Delivery: Office of Act of 1982, as amended; and 5 U.S.C. 2031. Regulations and Interpretations, 552 and 553; the NRC is proposing to Model Numbers: HI–STORM FW Employee Benefits Security adopt the following amendments to 10 MPC–37, MPC–89. Administration, Room N–5655, U.S. CFR part 72. * * * * * Department of Labor, 200 Constitution Dated at Rockville, Maryland, this 9th day Avenue NW., Washington, DC 20210. PART 72—LICENSING Instructions: All submissions received of March, 2015. REQUIREMENTS FOR THE must include the agency name and For the Nuclear Regulatory Commission. INDEPENDENT STORAGE OF SPENT Regulation Identifier Number (RIN) for NUCLEAR FUEL, HIGH-LEVEL Mark A. Satorius, Executive Director for Operations. this rulemaking. Comments received by RADIOACTIVE WASTE, AND the Department of Labor will be posted REACTOR-RELATED GREATER THAN [FR Doc. 2015–06366 Filed 3–18–15; 8:45 am] without change to http:// CLASS C WASTE BILLING CODE 7590–01–P www.regulations.gov and http:// www.dol.gov/ebsa, and made available ■ 1. The authority citation for part 72 for public inspection at the Public continues to read as follows: DEPARTMENT OF LABOR Disclosure Room, N–1513, Employee Authority: Atomic Energy Act secs. 51, 53, Benefits Security Administration, 200 57, 62, 63, 65, 69, 81, 161, 182, 183, 184, 186, Employee Benefits Security Constitution Avenue NW., Washington, 187, 189, 223, 234, 274 (42 U.S.C. 2071, 2073, Administration DC 20210, including any personal 2077, 2092, 2093, 2095, 2099, 2111, 2201, 2232, 2233, 2234, 2236, 2237, 2239, 2273, information provided. Warning: Do not 29 CFR Part 2550 2282, 2021); Energy Reorganization Act secs. include any personally identifiable 201, 202, 206, 211 (42 U.S.C. 5841, 5842, RIN 1210–AB68 information (such as name, address, or 5846, 5851); National Environmental Policy other contact information) or other Act sec. 102 (42 U.S.C. 4332); Nuclear Waste Fiduciary Requirements for Disclosure confidential business information that Policy Act secs. 131, 132, 133, 135, 137, 141, in Participant-Directed Individual you do not want publicly disclosed. All 148 (42 U.S.C. 10151, 10152, 10153, 10155, Account Plans—Timing of Annual comments may be posted on the Internet 10157, 10161, 10168); Government Disclosure and can be retrieved by most Internet Paperwork Elimination Act sec. 1704 (44 AGENCY: Employee Benefits Security search engines. No deletions, U.S.C. 3504 note); Energy Policy Act of 2005, Pub. L. 109–58, 119 Stat. 788 (2005). Administration, Department of Labor. modifications, or redactions will be Section 72.44(g) also issued under Nuclear ACTION: Proposed rule. made to the comments received, as they Waste Policy Act secs. 142(b) and 148(c), (d) are public records. Comments may be (42 U.S.C. 10162(b), 10168(c), (d)). SUMMARY: This document proposes to submitted anonymously. Persons Section 72.46 also issued under Atomic amend the Department of Labor’s submitting comments electronically are Energy Act sec. 189 (42 U.S.C. 2239); Nuclear ‘‘participant-level fee disclosure’’ encouraged not to submit paper copies. Waste Policy Act sec. 134 (42 U.S.C. 10154). regulation by making a technical Section 72.96(d) also issued under Nuclear FOR FURTHER INFORMATION CONTACT: Eric adjustment to an annual timing A. Raps, Office of Regulations and Waste Policy Act sec. 145(g) (42 U.S.C. requirement. In the ‘‘Rules and Interpretations, Employee Benefits 10165(g)). Subpart J also issued under Nuclear Waste Regulations’’ section of this issue of the Security Administration, (202) 693– Policy Act secs. 117(a), 141(h) (42 U.S.C. Federal Register, we are making this 8532. This is not a toll-free number. 10137(a), 10161(h)). same amendment as a direct final rule. If we receive no significant adverse SUPPLEMENTARY INFORMATION: In the Subpart K also issued under Nuclear Waste Policy Act sec. 218(a) (42 U.S.C. 10198). comment, the direct final rule will go ‘‘Rules and Regulations’’ section of into effect and we will not take further today’s Federal Register, the ■ 2. In § 72.214, Certificate of Department of Labor published a direct Compliance No. 1032 is revised to read action on this proposed rule. If, however, we receive significant adverse final rule that amends the definition of as follows: the term ‘‘at least annually thereafter’’ comment, we will withdraw the direct § 72.214 List of approved spent fuel final rule and it will not take effect. In contained in 29 CFR 2550.404a-5(h)(1) storage casks. that case, we will address all public by substituting the term ‘‘14-month * * * * * comments in a subsequent final rule period’’ for the term ‘‘12-month period.’’ Certificate Number: 1032. based on this proposed rule. We will not This Federal Register notice Initial Certificate Effective Date: June institute a second comment period on incorporates by reference and proposes 13, 2011. this rule. Any parties interested in the same amendment contained in the Amendment Number 1 Effective Date: commenting must do so during this direct final rule. Please refer to the December 17, 2014, superseded by comment period. preamble and the regulatory text of the Amendment Number 1, Revision 1, on DATES: Comments must be received on direct final rule for details, including [DATE 75 DAYS FROM DATE OF or before April 20, 2015. information and analyses under PUBLICATION OF FINAL RULE IN applicable Executive Orders, the ADDRESSES: You may submit comments, THE FEDERAL REGISTER]. Regulatory Flexibility Act, Paperwork identified by RIN 1210–AB68 (Fiduciary Reduction Act, and Unfunded Mandates Amendment Number 1, Revision 1, Requirements for Disclosure in Effective Date: [DATE 75 DAYS FROM Reform Act. Participant-Directed Individual Account Rmajette on DSK2VPTVN1PROD with PROPOSALS DATE OF PUBLICATION OF FINAL Plans—Timing of Annual Disclosure), Signed at Washington, DC, this 12th day of RULE IN THE FEDERAL REGISTER]. by one of the following methods: March 2015. SAR Submitted by: Holtec • Federal eRulemaking Portal: http:// Phyllis C. Borzi, International, Inc. www.regulations.gov. Follow the Assistant Secretary, Employee Benefits SAR Title: Final Safety Analysis instructions for submitting comments. Security Administration, U.S. Department of Report for the Holtec HI–STORM FW • Email: e-ORI@dol.gov. Include RIN Labor. System. 1210–AB68 in the subject line of the [FR Doc. 2015–06210 Filed 3–18–15; 8:45 am] Docket Number: 72–1032. message. BILLING CODE 4510–29–P VerDate Sep<11>2014 15:19 Mar 18, 2015 Jkt 235001 PO 00000 Frm 00003 Fmt 4702 Sfmt 9990 E:\FR\FM\19MRP1.SGM 19MRP1


Document Created: 2018-02-21 09:42:21
Document Modified: 2018-02-21 09:42:21
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionProposed Rules
ActionProposed rule.
DatesComments must be received on or before April 20, 2015.
ContactEric A. Raps, Office of Regulations and Interpretations, Employee Benefits Security Administration, (202) 693-8532. This is not a toll-free number.
FR Citation80 FR 14334 
RIN Number1210-AB68
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