Memo #
23478

SEC/DOL Announce Joint Hearing About Target Date Funds

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[23478]

 

May 22, 2009

TO: PENSION COMMITTEE No. 12-09
PENSION OPERATIONS ADVISORY COMMITTEE No. 13-09
SEC RULES COMMITTEE No. 25-09     RE: SEC/DOL ANNOUNCE JOINT HEARING ABOUT TARGET DATE FUNDS

 

The Securities and Exchange Commission and the Department of Labor announced that they will hold a joint one-day hearing on June 18, 2009 on issues relating to investments in target date funds and similar investment options by 401(k) plan participants and other investors. [1]  The hearing will be held at DOL and will be open to the public.

Persons interested to participate must submit a written request, along with an outline, by 3:30 p.m., E.T., June 5, 2009.  The list of witnesses and hearing agenda should be available on or after June 10, 2009.  The Institute plans to submit a request to testify. 

 

Anna Driggs
Assistant Counsel

endnotes

 [1]  A copy of the notice is available here: http://edocket.access.gpo.gov/2009/pdf/E9-12024.pdf.