As we have previously reported, the U.S. Department of Labor has long wanted to revise the persuader rules under the Labor Management Reporting and Disclosure Act. The regulations require employers and their labor consultants engaged in “persuader activity” to file extensive reports about use of consultants and lawyers. There is an “advice exemption,” but the DOL in proposed regulations has indicated that it wants to narrow the exemption, which would mean that many more entities will have an obligation to report. The DOL has held back on issuing new final regulations, and in its Spring 2015 Unified Agenda it listed December 2015 as the earliest date for issuance of new regulations. Rumor has it that the new rules will be effective by year end. If the rumors are true, the proposed rule should be released in the fall.