SUMMARY OR GUIDE TO INITIAL DISCLOSURES While covered service providers are not currently required to provide a guide, summary, or similar tool to assist plan fiduciaries in identifying all of the disclosures required under the Regulations, the DOL strongly encourages such a practice. 023 (Feb. 3, 2012) pgs. The final regulation is similar in form and substance to the proposed regulations and interim regulations previously issued by the DOL, except as follows. 5632-5659. §2550.408-2; 77 Fed. Advisers and brokers who manage 401(k) plans will have to provide detailed information about the fees they charge under new rules unveiled by the U.S. Department of Labor … These proposed regulations round out the suite of guidance the Department of Labor has issued in recent months regarding disclosures of plan fees and expenses. However, according to language from former Department of Labor Secretary, Alexander Acosta, stated in early May of 2019, the DOL is working with the SEC to resurrect the fiduciary rule. Regulations, effective July 1, 2012, from the Department of Labor under section 408(b)(2) require certain retirement plan service providers to disclose detailed information regarding the services they provide along with their compensation to plan fiduciaries. See Treas. Reg. The final regulation: Extends the effective date of the service provider disclosure rules from April 1 to July 1, 2012. The Department of Labor on July 23 issued proposed regulations that will govern required disclosures of investment information by participant-directed individual account retirement plans. On February 2, 2012, the U.S. Department of Labor ("DOL") published long-awaited final regulations (the "Final Regulations") under Section 408(b)(2) of the U.S. Fee Disclosure Requirements by the Department of Labor . On February 3, 2012, the Department of Labor (“DOL”) published final regulations setting out the fee disclosure rules for persons or entities providing services to retirement plans governed by ERISA. Reg. Department of Labor Issues Final Fee Disclosure Regulation for Qualified Plans 03/14/2012 On February 2, 2012, the Department of Labor’s Employee Benefits Security Administration (EBSA) issued final regulations relating to the disclosure of information by those who provide services to … While the DOL has not provided a model form of disclosure, the Regulations require that disclosure be in writing.