LM-2 Reform: Protecting Workers Through Increased Transparency

December 9, 2008Department of Labor

In December 2002, the Department of Labor proposed regulatory changes that would protect union members by improving transparency and disclosure. The proposal would modernize the annual financial reports unions file with the Office of Labor-Management Standards (OLMS). These reports are required under the 1959 Labor Management Reporting and Disclosure Act, often referred to as the Landrum-Griffin Act. During the public comment period, the Department received more than 35,000 comments and carefully considered all of them during the crafting of the

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