DOL Asking Questions Regarding Electronic Disclosure

The DOL has asked 30 questions seeking to obtain views and suggestions regarding electronic disclosure. The DOL previously provided a safe harbor for electronic distribution in 2002.  In response to the President's Executive Order which "reaffirmed the importance of achieving regulatory goals through the most innovative and least burdensome tools available" the DOL is seeking input from participants, beneficiaries, plan sponsors, plan administrators as well as the general public.  Comments must be submitted by June 6, 2011; let's hope that this deadline is extended.