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DOL/EBSA RIN: 1210-AB78 Publication ID: Spring 2017 
Title: ●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.

Agency: Department of Labor(DOL)  Priority: Other Significant 
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   
Legal Authority: 29 U.S.C. 1102 to 1104 and 1135   
Legal Deadline:  None
Action Date FR Cite
Interpretive Bulletin  12/29/2016  81 FR 95879   
Interpretive Bulletin Effective  12/29/2016 
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:
Jeffrey J. Turner
Deputy Director, Office of Regulations and Interpretations
Department of Labor
Employee Benefits Security Administration
N 5669, 200 Constitution Avenue NW, FP Building, Room N-5655,
Washington, DC 20210
Phone:202 693-8500