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The Securities and Exchange Commission (SEC) on April 18 disclosed its own proposals for new conflict-of-interest standards for the way in which financial advisers and broker-dealers identify themselves and sell products for fees to retail investors.
As we previously reported, last June the U.S. Department of Labor (DOL) announced that it would reinstate the use of Opinion Letters, an interpretive practice that had been replaced by the issuance of Administrator Interpretations during the Obama years.
The recent regulations on association health plans (AHPs) would make it easier for employers to provide cost-effective health coverage in a variety of situations, according to comments from a major plan sponsor organization. Other stakeholders, however, worry that AHP expansion might open the door to widespread fraud.
The future of the Department of Labor’s (DOL) fiduciary rule could land on the docket of the U.S. Supreme Court now that a federal appeals court has vacated the rule, including the expanded definition of “investment advice fiduciary” and associated exemptions.
Employers will begin filing petitions for H-1B visas on April 2, and immigration attorneys expect U.S. Citizenship and Immigration Services (USCIS) to quickly reach the 85,000-visa cap.
The U.S. Department of Labor’s (DOL) announcement of a pilot program aimed at getting employers to voluntarily work with the department to resolve “inadvertent” overtime and minimum wage violations represents an opportunity for employers to fix mistakes without litigation, but attorneys who work with employers on wage issues urge caution.
In part one of this article, we covered the roles and responsibilities of a plan fiduciary and evaluated the new U.S. Department of Labor (DOL) fiduciary rule’s impact, even though full implementation has been delayed—extended to July 1, 2019. In this article, we’ll cover the exception to the fiduciary rule, as well as some steps […]
The U.S. Department of Labor (DOL) recently updated its internship fact sheet, in effect changing the guidelines for internships. The move has prompted many employers to wonder: Do we still have to pay interns?
A rule recently proposed by the U.S. Department of Labor (DOL) would give employers with a “commonality of interest” the chance to offer health coverage jointly through association health plans (AHPs).
The U.S. Department of Labor (DOL) has updated its internship fact sheet to help employers determine whether interns and students working for “for-profit” employers are entitled to minimum wages and overtime pay under the Fair Labor Standards Act (FLSA).