Common Contracts
1 similar null contracts
The DOL’s Latest MoveJune 26th, 2014
On June 2, 2014 GreatBanc Trust Company and the Department of Labor entered into a monetary settlement agreement in the case of Perez v. GreatBanc Trust Company, United States District Court for the Central District of California, 2014. In addition to the monetary settlement, GreatBanc and the DOL agreed to a set of policies and procedures (“Process Requirements”) that GreatBanc must follow in the future when it is engaged to purchase or sell employer securities that are not publicly traded (see PDF copy page 6). What are the new Process Requirements?
