Duties of Fiduciaries in Light of Madoff Investments

This document is about guidance from the U.S. Department of Labor's Employee Benefits Security Administration for ERISA plan fiduciaries on addressing losses from investments with Bernard Madoff's entities. It outlines steps fiduciaries should take, such as assessing exposure, seeking advice, making disclosures, and considering claims against responsible parties or the Madoff bankruptcy estate. The document also provides information on the Madoff trustee's website and claims filing process.