closeup shot of sign in front of DOL building and part of the building (photo: Michael Scarcella/ALM Media)

The Department of Labor announced Monday that it is reopening the comment period on its Voluntary Fiduciary Correction Program and the proposed amendment to the associated class Prohibited Transaction Exemption 2002-15.

In reopening the comment period in the Federal Register for an additional 60 days, Labor officials said they want to know the impact that SECURE 2.0—enacted after the initial request for comment was published—will have on the correction program.

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