Fee Disclosure Under 408(b)(2) Delayed to 1/1/2012

The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) has delayed by six months the applicability date of its new 408(b)(2) fee disclosure rules.

An EBSA news release said the setting of the new January 1, 2012 date was designed to give regulators more time to consider suggestions to its interim final rule that was published July 16, 2010.