Tag: Presidential Memorandum

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DOL Extends Transition Period for Fiduciary Rule Exemptions

On November 27, the U.S. Department of Labor (DOL) announced an 18-month extension—from January 1, 2018 to July 1, 2019—of the special Transition Period for the Fiduciary Rule’s Best Interest Contract Exemption and the Principal Transactions Exemption, and of the applicability of certain amendments to Prohibited Transaction Exemption 84-24 (PTEs). This extension follows public comment […]

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Obama Extends Benefits to Same-Sex Partners of Federal Employees

President Barack Obama signed a Presidential Memorandum on Federal Benefits and Non-Discrimination June 17 at an Oval Office event. The memorandum addresses the benefits to which same-sex partners of federal employees may be entitled and is a result of internal reviews conducted by the director of the Office of Personnel Management (OPM) and the secretary […]

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