Tag: Legislation

Workers will be limited in tapping their 401(k) retirement plans for loans under legislation introduced by Senators Herb Kohl (D-WI) and Mike Enzi (R-WY).

The U.S. District Court for the Southern District of New York has ruled that a whistleblower need not personally contact the Securities and Exchange Commission to claim retaliation...

Castle Rock Innovations, LLC (CRI) has rolled out a servicing platform that it says addresses the Department of Labor’s 408(b)(2) fee disclosure requirements.

The law firm of Lewis, Feinberg, Lee, Renaker & Jackson supports the Department of Labor's (DoL) proposed inclusion of valuators of closely-held employer securities in the definition of...

Congressman Ron Kind (D-Wisconsin) has introduced the "Promotion and Expansion of Private Employee Ownership Act of 2011."

Financial Research Corporation (FRC) foresees significant changes in the roles, responsibilities, and services provided by brokers, advisers, asset managers, and others in the investment industry as a result...

The Dodd-Frank Act, target-date funds, and the evolving role of a fiduciary were some of the topics Frederick Reish and Robert Kaplan touched on at the ASPPA 401(k)...

Speaking on a Webcast sponsored by Principal Financial Group, James Delaplane, a partner at Davis & Harman LLP, examined the three major regulations coming out of Washington this year,...

Laying it all out on the table, PLANSPONSOR and PLANADVISER’s Editor-in-Chief, Nevin E. Adams, opened the first Virtual PLANADVISER National Conference (VPANC) by outlining the top 10 trends...

Three U.S. Senators introduced a bill that would require an annual statement to be sent to retirement plan participants, similar to the one sent by the Social Security...

The Government Accountability Office (GAO) has published its report on financial planning regulation, as mandated by the Dodd-Frank Act, and found “an additional layer of regulation” is not...

President and CEO of SIFMA, Tim Ryan, said above all else, we need to “get it right;” it being the implementation of the Dodd-Frank Act.    

Representative Michele Bachmann (R-Minnesota) has introduced new legislation, H.R. 87, to repeal the Dodd-Frank financial reform bill.

Those scrambling to deal with the potential implications of a change in tax rates may find the 2010 Tax Relief Act to be aptly named.

Government auditors warned Congress that boosting the Social Security retirement age would harm poor and minority Americans as well as raise disability claims from older disabled people who...

Senate Minority Leader Mitch McConnell (R-Kentucky) and 32 other GOP senators filed a brief on Thursday in favor of a court case challenging health care reform.

The Securities and Exchange Commission (SEC) approved a rule that mandates hedge fund and private equity managers to register with the agency and be subject to unannounced examinations.

Speaking at the Security Industry and Financial Markets Association’s (SIFMA) annual meeting earlier this week, Senator Chris Dodd (D-Connecticut) attempted to explain the Dodd-Frank act to a skeptical...

The morning after last week’s mid-term elections, a plan sponsor friend of mine called me up and asked me what I thought it all meant.

What are some of the possible effects on the economy after the mid-term election?