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DOL/EBSA

RIN: 1210-AB29

Publication ID: Fall 2008

Title: ●Supplemental Guidance Relating to Fiduciary Responsibility in Considering Economically Targeted Investments
Abstract: This guidance sets forth the views of the Department of Labor concerning the legal standards imposed by sections 402, 403, and 404 of title I of the Employee Retirement Income Security Act (ERISA) with respect to the exercise of shareholder rights and written statements of investment policy, including proxy voting policies or guidelines. This guidance affects fiduciaries of employee benefit plans, including trustees, investment managers and others responsible for the management of employee benefit plan assets.
Agency: Department of Labor(DOL)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Completed Actions
Major: No	Unfunded Mandates: No
CFR Citation: 29 CFR 2509.08-1
Legal Authority: 29 USC 1104    ERISA sec 404    29 USC 1135    ERISA sec 505

Legal Deadline:  None

Timetable: Action Date FR Cite Final Action  10/17/2008  73 FR 61734    Final Action Effective  10/17/2008

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Robert J. Doyle Director of Regulations and Interpretations Department of Labor Employee Benefits Security Administration Room N5669, 200 Constitution Avenue NW., FP Building, Rm N-5655, Washington, DC 20210 Phone:202 693-8500