Compliance April 11th, 2023 SEC Makes Important Investment Company Act Exemption Allowing one tech company to avoid registering as investment company could be the first step toward a permanent rule.
Compliance April 6th, 2023 Latest Decision in Hughes v. Northwestern Opens Door to More ERISA Litigation In reviewing a 2022 case remanded by the Supreme Court, the 7th Circuit Court of Appeals allowed two of the...
Compliance April 5th, 2023 Recent Proposals to Reform Social Security The options to reform Social Security will have to become more dramatic the longer Congress waits.
Compliance April 5th, 2023 What is MarylandSaves, and What Does it Do? MarylandSaves, the state’s new auto-IRA program, has an unusual backstory and some unique features that could serve as a model...
Compliance April 3rd, 2023 Coca-Cola Settles ERISA Lawsuit Against MEP The plan has agreed to a $3.3 million settlement for a complaint alleging it failed to drop an overpriced fund.
Compliance April 3rd, 2023 Financial Planning Standards Board Updates Global Standards Updates focus on growing collaboration between planners and clients.
Compliance April 3rd, 2023 SECURE 2.0’s Disappointments SECURE 2.0 has a number of issues with it such as its budget myopia and failure to expand access adequately.
Compliance March 30th, 2023 AARP, US Chamber Comment on IRS Proposal on Remote Notarization Thursday was the final day to submit comments on the December 2022 IRS proposal to allow remote notarization for many...
Compliance March 29th, 2023 DISH Network Retirement Plan Survives Legal Challenge The plan had been challenged for excessive fees and underperformance under ERISA, but a federal judge dismissed the complaint.
Compliance March 28th, 2023 Proposed Legislation, SEC Rule Would Greatly Expand Electronic Disclosures A proposed bill and an SEC proposal on the same topic target two different audiences.
Compliance March 28th, 2023 Government Plans Face Unique Challenges With SECURE 2.0 Implementation Catch-ups for those aged 60 to 63 and a mandatory Roth source for HCE catch-ups will be problematic for many,...
Compliance March 24th, 2023 Pros and Cons of the SEC Market Structure Proposals The four market structure proposals from December have nuanced interactions and elicited different opinions from industry experts.
Compliance March 24th, 2023 Why 529 Education Savings Plans Are More Valuable Than Ever The SECURE 2.0 Act makes 529s a more appealing investment and potentially an easy financial wellness option for sponsors intimidated...
Compliance March 22nd, 2023 Powell Says Lowering Inflation to 2% Is ‘Likely to Be Bumpy’ Federal Reserve Chairman Jerome Powell reiterated the Fed’s commitment to lowering inflation.
Compliance March 22nd, 2023 EBSA Provides More Time for QPAM Exemption Proposal Comments The proposed changes to the QPAM exemption can now receive public comment until April 6.
Compliance March 21st, 2023 Proposed SEC Cybersecurity Rule Requires Prompt Notice to Prevent Contagion The SEC reopened the comment period on its cybersecurity rule last week, in part so advisers can take more time...
Compliance March 20th, 2023 SEC Looks to Overhaul Regs SCI, SP The SEC’s proposed updates would expand the institutions subject to various data security requirements and strengthen data breach notification requirements.
Compliance March 20th, 2023 Biden’s First Veto Keeps DOL’s ESG Rule in Place The president followed through on his promise to veto a Congressional attempt to nix a DOL rule allowing ESG investing...
Compliance March 17th, 2023 Complying With the Custody Rule and the New Custody Proposal Experts explained common compliance mistakes involving the custody rule and spoke to the new custody rule proposal.
Compliance March 16th, 2023 Anti-ESG States Continue Organizing Policy experts say that ESG policy is likely to be most active at the state level.