Opinion ID: 78464
Heading Depth: 2
Heading Rank: 3

Heading: Website Advisories

Text: In 2005, the Secretary issued website advisories pertaining to Form LM-10 filers. A list of rules, called Frequently Asked Questions, or FAQs, detailed the reports to be filed, records to be kept, and calculations to be made annually by employers. In November 2005, the Secretary posted an FAQ, which specifically identified DLCs as falling within the definition of employer under the LMRDA, essentially directing DLCs to file the LM-10. Another FAQ stated that the de minimis rule for exempting transactions of insubstantial value from reporting would depend on a fixed dollar amount. In March 2006, the website announced that the fixed amount was $250  gifts and gratuities with an aggregate value of $250 or less provided by an employer will be considered insubstantial for the purposes of LM-10 reporting. The Secretary published these website advisories without giving notice to the public or offering an opportunity for public comment.