Rules for Sponsor Self-Correction Broadened by Both SECURE 2.0 and DOL Proposal
The DOL made a proposal to expand the VFCP in November 2022, and SECURE 2.0 also made changes to IRS...
Tag: VFCP
Democrat Support for SEC’s Scope 3 Climate Disclosure Weakens
Compliance costs for Scope 3 climate disclosures could be high, but they don’t apply to everyone.
New DOL Proposal Would Allow Fiduciaries to Self-Correct Certain Errors
If certain conditions are met, the proposal would allow fiduciaries to correct mistakes themselves without incurring a civil penalty.