DOL Approves Use of Summary Prospectus for ERISA accounts


Sep. 8, 2009 -- The Department of Labor (DOL) released a Field Assistance Bulletin on September 8, 2009, approving the use of a Summary Prospectus to satisfy its prospectus delivery obligations under ERISA 404(c). In its analysis, the DOL concluded information required in the Summary Prospectus provides key information about a mutual fund that will assist participants and beneficiaries in making informed investment decisions.








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