Tag: Department of Labor (DOL)

The Department of Labor asked for an extension through October to consider its options in a federal case challenging the...

The Department of Labor swiftly rescinded a 2021 letter questioning private investments in 401(k) plans, but DOL officials have not...

U.S. District Judge Max Cogburn Jr. rejected Bank of America’s argument that its decisions were made in a “settlor capacity”...

‘Significant adverse comments’ led to the Department of Labor's decision to not repeal protections offered in the Pension Protection Act...

Department of Labor officials said the 2021 statement had a ‘chilling effect’ for saying that plan fiduciaries were ‘not likely...

The Garden State has proposed labeling investment advisers and broker/dealers ‘employees’ rather than ‘independent contractors.’

The Department of Labor said the guidance no longer reflects its views, rescinding a 2023 advisory opinion approving the Citi...

In filing an amicus brief to an appeal involving HP Inc., the Department of Labor offered guidance on an issue...

A judge struck down parts of Prohibited Transaction Exemption 2020-02 that allowed the Department of Labor to treat certain relationships...

The request, made July 1, indicates the Department of Labor is preparing PEP-related reports, per provisions in the SECURE and...

In a letter, four Senators expressed concern that rescinding the 2022 guidance removes essential protections for American workers’ retirement savings.

The report was released after Democrats in Congress raised concerns about the council’s future, as it has not met since...

Panelists at PLANSPONSOR National Conference discussed the latest updates on ESG investing, cryptocurrency and the status of including alternative assets...

The Pension Benefit Guaranty Corporation, which provides financial assistance to distressed pension plans, also requested a smaller budget at $21.8...

The initiative aims to improve compliance assistance by providing more accessible guidance about federal labor laws across five agencies, including...

In April the department stated it was considering rescinding the 2022 ESG rule and asked the 5th Circuit to pause...

The hearing, for Daniel Aronowitz as assistant secretary of labor for the Employee Benefits Security Administration, was scheduled by the...

The 2022 compliance assistance bulletin told plan fiduciaries to exercise ‘extreme care’ before adding a cryptocurrency option to a 401(k)...

Though the agency has not fully rescinded the 2024 rule, it indicated it will return to a simpler standard to...

Trump’s proposed cuts would slash about $3.63 billion from the DOL.