Director, Office of Regulations and Interpretations

1210-AB78 201704 Unified Agenda of Federal Regulatory and Deregulatory Actions 1210 Employee Benefits Security Administration EBSA 1200 Department of Labor DOL Interpretive Bulletin Relating to the Exercise of Shareholder Rights and Written Statements of Investment Policy, including Proxy Voting Policies or Guidelines

This interpretive bulletin sets forth supplemental views of the Department of Labor concerning the legal standard imposed by sections 402, 403, and 404 of Part 4 of title I of the Employee Retirement Income Security Act of 1974 with respect to voting of proxies on securities held in employee benefit plan portfolios, the maintenance of and compliance with statements of investment policy, including proxy voting policy, and the exercise of other legal rights of a shareholder. In this action, the Department withdraws Interpretive Bulletin 2008-2 and replaces it with Interpretive Bulletin 2016-1, which reinstates the language of Interpretive Bulletin 94-2 with certain modifications.

]]> Other Significant First Time Published in The Unified Agenda Completed Actions No No 29 CFR 2509 29 U.S.C. 1102 to 1104 and 1135 No Interpretive Bulletin 12/29/2016 81 FR 95879 Interpretive Bulletin Effective 12/29/2016 No None No No No No Jeffrey Turner J. Director, Office of Regulations and Interpretations 1210 Employee Benefits Security Administration EBSA 202 693-8500 turner.jeffery@dol.gov N 5669, 200 Constitution Avenue NW, FP Building, Room N-5655, Washington DC 20210