Topic
Fiduciary Rule
100 published works
Hall Benefits Law Blog
DOL Moves to Dismiss Its Appeal of Fiduciary Rule Challenge
By Anne Hall
The Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor is opting to abandon its appeal of the legal challenges to the so-called fiduciary rule. After insurance industry…
Your ERISA Watch
Two Texas District Courts Rule DOL Exceeded Its Authority in Defining “Fiduciary”
Federation of Americans for Consumer Choice, Inc. v. United States Dep’t of Labor, No. 6:24-cv-163-JDK, __ F. Supp. 3d __, 2024 WL 3554879 (E.D. Tex. Jul. 25, 2024) (Judge Jeremy…
Global Regulation Tomorrow
The DOL’s fiduciary rule put on pause
By Adam Braun, Alexander Clark, Joshua Cohen, Mason Gardner, Marjorie Glover (US), Rachael Hashmall, Steven Howard (US), Steven Lofchie, Andrew Lom (US), Jeff Ziesman
On July 25, 2024, in the case of Federation of Americans for Consumer Choice, Inc., et al. v. United States Department of Labor, et al., (“Federation of Americans”) the United…
Beneficially Yours
Two Texas District Courts Issue Orders Delaying the Effective Date of DOL Fiduciary Rule and Related Amendments to Seven Prohibited Transaction Exemptions
By Alan Wilmit
Seyfarth Synopsis: Orders issued by the Eastern District of Texas on Thursday July 25 and the Northern District of Texas on Friday July 26 indefinitely delayed the September 23, 2024…
Hall Benefits Law Blog
Major Differences Between DOL’s Proposed and Final ERISA Investment Advice Regulations
By Anne Hall
The U.S. Department of Labor’s (DOL) final regulations broaden the definition of fiduciary under the Employee Retirement Income Security Act (ERISA) to include more investment advisors. However, the eight hundred…
Beneficially Yours
Third Time’s a Charm or Three Strikes You’re Out? The Department of Labor Finalizes its Third Revised Investment Advice Fiduciary Rule
By Alan Wilmit, Linda Haynes, Richard Loebl, Howard Pianko
On April 23, 2024, the DOL finalized its 2023 proposed package of amendments to the regulations defining who is a fiduciary under ERISA by virtue of providing investment advice for…
The Business of Benefits
The Fiduciary Rule’s Foray Into Uncharted Territory
By Robert Toth
Generating over 19,000 written comments, the DOL’s proposed fiduciary rule changes clearly hit a “vein.” Though the proposed changes are complex and multi-tiered, there are two of them which are…
Hall Benefits Law Blog
EBSA Rejects Requested Delay as Proposed Fiduciary Rule Moves Forward
By Anne Hall
The U.S. Department of Labor’s (DOL) Employee Benefits Security Administration issued a letter rejecting a request for delays in the rulemaking process concerning the expansion of the definition of “fiduciary”…
Hall Benefits Law Blog
DOL Proposes Expansion of ERISA’s Fiduciary Rule to Include More Investment Advisors
By Anne Hall
The U.S. Department of Labor (DOL) has issued a proposed rule that would include subjecting more investment advisors to ERISA’s fiduciary rule, including its strict conflict of interest provisions. The…
The CLS Blue Sky Blog
Arnold & Porter Discusses More Labor Department Changes to Retirement-Plan Fiduciary Rules
By Uri Horowitz, Douglas Pelley, Kathleen Wechter
In the latest development in a long-running regulatory saga, the U.S. Department of Labor (DOL) on October 31, again proposed major changes (the Proposal) to the fiduciary rules applicable to…