by PC Editorial Staff | Mar 8, 2022 | DOL, ERISA, IRS, Retirement Plans, SEC
On March 7th, 2022, the U.S. Department of Labor (DOL) announced amendments to class exemptions in prohibited transaction rules within the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (IRC). Specifically, the amendments deal...
by PC Editorial Staff | Feb 15, 2022 | Consumer Privacy, cybersecurity, SEC
Recently, JPMorgan was ordered to pay a record $200 million in fines to U.S. regulators after they failed to track their employees’ use of messaging apps for work. Subsequently, the incidents involving the messaging apps resulted in a loss of communications....
by Girish Anand | Jun 6, 2019 | SEC
Predating the reworked and much-anticipated Trump admin fiduciary rule expected in December, the Securities and Exchange Commission (SEC) has published Regulation Best Interest, which will be enforced beginning June 30, 2020, and is now undergoing a 60-day public...
by Girish Anand | Jun 14, 2018 | DOJ, DOL, SEC
The scant remaining life support for the Fiduciary Rule crafted by the Obama Department of Labor (DOL) ran out yesterday as the Trump administration declined to ask the Supreme Court to review an injunction blocking the rule’s implementation. In March, the 5th...
by Girish Anand | Apr 19, 2018 | DOL, SEC
The Securities and Exchange Commission (SEC) on Wednesday, April 18, voted 4-1 on a proposed fiduciary rule that sets standards of conduct, additional disclosure requirements and restrictions on advisor/broker titles. The vote comes a month after the U.S. 5th Circuit...
