Request a Proposal

Company Stock Registration and Brokerage Windows

The Securities and Exchange Commission (SEC) Division of Corporate Finance issued a Compliance Disclosure Interpretation (CDI) stating that a 401(k) plan sponsor not offering an employer securities fund in the plan, but offering a self-directed brokerage through which such investments could be made, is not required to register an offer of employer securities if no attempt to direct investments into the employer stock is made.

www.plansponsor.com; September 26, 2016.