Requires annual reporting on adverse interest agreements by the Employee Benefit Security Administration.
Amends the Employee Retirement Income Security Act of 1974 to mandate that the Employee Benefit Security Administration submit an annual report to Congress on adverse interest agreements. The report must detail agreements, including copies, dates, parties involved, and the nature of assistance provided. It also requires the Secretary of Labor to enter into written agreements with individuals before providing adverse assistance, detailing the nature and scope of such assistance. The report must identify parties to each agreement but cannot include information that may identify other persons.
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