Browsing Tag
Department of Labor (DOL)
510 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.
DOL Releases New Bulletin on Independence for Plan Accountants
The department issued an Interpretive Bulletin as far back as 1975 that set forth guidelines
Prison-Bound Financial Advisor Racked Up 37 Complaints in Two Years
Dubious 'achievements' in his young 33 years
Fidelity’s ‘Bitcoin-in-401ks’ Plan Moving Forward Despite Questions from Senators
While a trio of Senators sent a letter this week to Fidelity questioning what they call an “immensely troubling” decision to allow 401k participants exposure to “an untested, highly volatile asset like Bitcoin,” plans to launch this fall remain on track
DOL Announces Proposed Changes to 401k Asset Management PTE
The industry is changing, and so should the exemption, department says
Why Missing 401(k) Participants Are So Misunderstood
When the problem of missing participants is reduced, everyone stands to benefit
Advisors Unprepared for New 401(k) Rollover Rules
'A rollover recommendation has to be disclosed as a conflict of interest,' says ERISA expert Fred Reish
Powerful Congressman Wants 401(k) Crypto Answers
'This is an extremely troubling precedent...'
Senate Rejects EBSA Nominee Lisa Gomez in Close Vote
To complicate matters further, Majority Leader Chuck Schumer voted against the nomination
DOL Sued for Attempting to Ban Crypto in 401(k)s
ForUsAll CEO Jeff Schulte says “extremely troubling precedent” can’t be left unchecked
Bitcoin-Focused ‘Financial Freedom Act’ Gets House Companion Bill
Congressman Byron Donalds (R-FL) introduces identical legislation to Tommy Tuberville’s Senate bill aimed at prohibiting Biden’s DOL from banning cryptocurrency investment in 401ks