Browsing Tag
Department of Labor (DOL)
516 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, SEC Release Regulatory Agendas
The DOL's agenda includes proposals on fiduciary status when considering ESG factors while the SEC calls for clarifying the offering and selling of crypto assets
GOP Senators Urge DOL to Mandate Safe Harbors in Private Equity EO
Senators argue that such protections are necessary for plan sponsors and fiduciaries
Borzi Sounds Alarm on Trump’s 401(k) Alternatives Order
Former EBSA head says offering private assets in DC plan investment lineups may expose fiduciaries to a range of potential ERISA liabilities
DOL Seeks Third Extension on Fiduciary Rule Action
The next deadline is scheduled for the end of October
DOL Eliminates Annuity Safe Harbor Final Rule
The Labor Department removed the final rule after organizations called for its elimination, noting that it would deter employers from offering annuities in retirement plans
Trump: Regulatory Overreach, Opportunistic Lawsuits Have Stifled Investment Innovation
Thursday’s Executive Order shares president’s reasoning for wanting to lower barriers for including alternative assets in 401(k)s
DOL Requests Public Input on Backing PEPs for Small Employers
EBSA is asking industry experts on how it could help small employers offer pooled employer plans as a retirement benefit
Industry Voices Raise Alarms Over EBSA Practices in Latest Hearing
Leaders criticized EBSA on issues of transparency and common interest agreements while also highlighting the need for new legislation
DOL Issues Brief Defending Employer Forfeiture Practices
The amicus brief urges the U.S. Court of Appeals for the Ninth Circuit to uphold a decision issued in the case of Hutchins v. HP, Inc.
Senate Democrats Urge DOL to Reinstate Crypto Guidance
The letter comes just weeks after EBSA rescinded a 2022 compliance release