Browsing Tag
Department of Labor (DOL)
533 posts
The U.S. Department of Labor (DOL) is a cabinet-level federal agency that focuses on the welfare of American workers. It’s responsible for enforcing labor laws, promoting safe working conditions, and ensuring fair employment practices. The DOL also oversees programs related to unemployment benefits, job training, and workplace safety.
Industry Orgs Issue Final Comments on DOL Proposed Alternative Assets Regulation
Nearly 45,000 comments received before comment period ended June 1
37,000 Comments and Counting on DOL Investment Selection Proposal
60-day comment period for EBSA’s “Fiduciary Duties in Selecting Designated Investment Alternatives” ends June 1 as debate intensifies around private assets and fiduciary discretion in 401(k) plans
DOL Grants Temporary Relief on SECURE 2.0 Paper Statement Rules
Bulletin gives plan sponsors, recordkeepers, and TPAs added flexibility as industry prepares for new paper pension statement requirements and awaits final DOL regulations
Rep. Neal Pushes GAO to Investigate Private Assets in 401(k) Plans
The lawmaker posed concerns over the investment’s exposure to retirement plans and the reliability of the companies offering the funds
Employee Fiduciary Advocates for Participant Protections in DOL Comment Letter
The letter includes suggestions that would close three gaps in the DOL’s proposal on alternative investments in 401(k) plans
Chavez-DeRemer Resigns From Labor Secretary Post
Deputy Secretary of Labor Keith Sonderling will take on the new role as acting secretary
DOL Sees Proxy Advisors as ERISA Fiduciaries in New Guidance
The guidance comes several months after President Donald Trump signed an executive order that would halt what he described as an “outsized influence” of proxy advisors
Aronowitz Comments on Alternative Assets, ESOPs, in Latest Hearing
The assistant secretary for EBSA answered subcommittee questions on the agency’s latest concerns
DOL Releases Field Bulletin With Changes
The FAB includes shifts to the agency’s enforcement actions and investigation timelines
DOL’s 6-Factor ‘Safe Harbor’ Could Reshape 401(k) Fiduciary Playbook
New proposed rule offers a process-driven roadmap for selecting investments—aiming to reduce litigation risk and expand access to alternatives, but raising questions about how much legal protection it truly provides