Correspondence

Dear Assistant Secretary Borzi: 

On November 18, 2011, we wrote to you concerning the U.S Department of Labor's (DOL) regulatory efforts to significantly expand the definition of "fiduciary" under the Employee Retirement Income Security Act of 1974 (ERISA). On December 13, 2011, Brian V. Kennedy, Assistant Secretary for the Office of Congressional and Intergovernmental Affairs, responded to our inquiry. However, in that response, the department failed to provide the documents we requested and did not fully respond to a number of the questions in our letter. Again, we ask you to provide the following information:

To read the full letter, click here. 

To read the original letter dated November 18, 2011, click here. 

To read the DOL's response dated December 13, 2011, click here.