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.
Democrats Slam Trump, DOL’s Fiduciary Stance
A roster of high-ranking and high-profile Democrats sent the Trump Administration a sternly-worded letter opposing the Department of…
Commenters Hammer DOL on Proposed ESG Rule
DOL ESG proposed rule faces strong opposition as commenters warn it could harm investors and restrict fiduciary flexibility.
Fisher Urges Careful Approach to Pooled Employer Plan Regs
Fisher Investments has signaled its strong support for Pooled Employer Plans (PEPs) in a letter to the Department…
Dem Senators Oppose DOL’s ESG Investing Rule
Thirteen Democratic senators submitted a letter Wednesday to Labor Secretary Eugene Scalia in which they voiced opposition to…
Reg BI and DOL Fiduciary Rule: Harmonizing Two Rules that Fulfill Lower Standards
Trust law is instructional to ERISA, and the Uniform Prudent Investment Act offers a definition of prudence. Both…
Private Equity Market Won’t See Boost from 401k Plans for Years: Report
The private equity market has long had its eyes on access to the trillions of dollars in the…
DOL’s Brave ‘New’ Digital World
The very idea of “going digital” has become so commonplace that most people probably don’t even think about…
Latest DOL, SEC Regulations Draw Consumer Group Ire
The Consumer Federation of America is not at all happy with goings-on at the Department of Labor or…
Return of the DOL’s ‘Five-Part Fiduciary Test’
On June 29, 2020, the DOL issued a rulemaking package consisting of a final rule setting aside the…
Senator Slams Department of Labor’s Revamped Fiduciary Rule
The Department of Labor’s latest attempt to impose a fiduciary standard for advisors, which consumer advocates see as…