Fiduciary Rule Takes Effect, But…

by | Jun 9, 2017 | DOL

The Department of Labor (DOL) Fiduciary Rule, which requires agents marketing retirement plans to put their clients’ best interests first, took effect today, but enforcement won’t begin until Jan. 1, and maybe not then. The DOL in advance of the June 9...

DOL Moves to Revoke Persuader Rule

by | May 24, 2017 | DOL

The Obama administration’s “persuader rule” requiring law firms to publicly disclose any work they do for employers surrounding union organizing efforts, already subject to a nationwide injunction, is being revoked by the Trump administration’s...

Labor Secretary Releases Budget Request

by | May 24, 2017 | DOL

Secretary of Labor Alexander Acosta has released the fiscal year 2018 budget request for the Department of Labor (DOL). According to the official press release, it supports President Donald J. Trump’s plan to invest in priorities that will help American workers...

Acosta Says Fiduciary Rule Will Take Effect June 9

by | May 23, 2017 | DOL

Writing in the Wall Street Journal, Labor Secretary Alexander Acosta announced there was no reason to further delay the implementation of his department’s fiduciary rule, and thus it will take effect June 9 following its first postponement. “We have...

Wal-Mart Settles First-Ever LGBTQ Class Action Lawsuit

by | May 20, 2017 | DOL, LGBT

Wal-Mart settled the first successful LGBTQ lawsuit ever this past week when it agreed to shell out $7.5 million to lesbian and gay employees whose same-sex spouses were denied benefits between 2011 and 2013, when the retail giant changed its policy. “This class...