CDW Files Comments on DOL’s LM-2 Rulemaking
Washington, DC – On Monday, December 14, CDW filed comments on the Department of Labor’s proposed rulemaking on LM-2 Forms, or the annual financial reports labor organizations are required to submit to DOL. CDW strongly supports the proposal, which “provides important financial transparency and accountability that is critical to union members, the employer community and the general public.”
As we explain in our comments, “Current financial disclosure rules allow unions to obscure vital financial information that make it virtually impossible for union members, employers, and the general public to fully understand a union’s financial health, investments and expenditures.” This proposed rulemaking is much needed, and union members nationwide will be grateful for the new transparency.