Former Morgan Stanley Advisers Seek Class Certification in Deferred Pay Dispute
The motion adds to the tit-for-tat dispute challenging compensation practices.
Tag: Department of Labor (DOL)
DOL Posts Economist Jobs, Even as Federal Workforce Shrinks
The federal government continues to shed workers, but the Department of Labor is quietly seeking to hire economists.
Inside the DOL’s Alts Rule
The Department of Labor used scenarios and test cases to offer fiduciaries a blueprint for the inclusion of private market...
DOL Proposal on Alternative Investments in DC Plans Includes Safe Harbor
The new rule outlines fiduciary standards while allowing limited use of private markets in diversified funds.
White House Office Clears DOL Alts Rule
The Department of Labor can now release the rule and set up a comment period before finalizing it.
Keeping the Missing Participant Search Compliant
Industry experts advise that plan sponsors still have significant responsibility, even with help from the Department of Labor.
DOL Seeks Final Judgment in Vacating Fiduciary Rule
The Department of Labor previously stopped defending the rule on investment advice and now joins the plaintiffs in seeking its...
DOL Proposes Required Annual Paper Statements for Retirement Plans
Plan administrators would have to mail at least one paper benefit statement each year, update e-delivery rules and absorb new...
Private Investments Could Put New Demands on Plan Fiduciaries
Regulatory clarity and evolving fund structures are increasing private market exposure in retirement plans, but experts say prudence, process and...
Attorneys Discuss Implications as PBMs Face Rebate Pass-Through Mandate, Fee-Disclosure Rules
Groom Law Group lawyers say new reporting, participant access and $10,000-per-day penalties could reshape PBM contracting—and raise fiduciary scrutiny of...
Kaiser to Pay $28M in Mental Health Care Settlement With DOL
In addition to monetary penalties, the provider agreed to reform its mental health and substance use disorder services.
Former DOL Officials, Industry Groups, Back Lockheed PRT Plaintiffs
The group countered the Department of Labor’s recent support for employers in litigation about the transactions.
DOL Issues Starkest Warning Yet in Fourth Forfeiture Amicus Brief
Writing in support of Honeywell, the department described forfeiture complaints as ‘lawyer-fabricated headaches.’
DOL Proposal Targets PBM Disclosure Information
The new rule would force pharmacy benefit managers to reveal how—and how much—they get paid.
DOL Files Third Amicus Brief in 401(k) Forfeiture Complaint
The department continues to voice its support for employers in appellate cases on the topic.
DOL’s Private Market Rule Expected to Focus on ‘Process’
As the comment period approaches for the Department of Labor’s long-awaited rule on defined contribution plan investments in alternative asset...
DOL De-Emphasizes ESOP Enforcement
The move aligns with EBSA Head Daniel Aronowitz’s pledge to ‘end the war’ on employee stock ownership plans.
DOL Submits Alternative Investments Rule to White House Department
The agency beat the 180-day deadline to provide guidance following an August 2025 executive order.
DOL Backs Lockheed in PRT Complaint
According to the Department of Labor, the plaintiffs lack standing, and it warns litigation could have negative effects on defined...
DOL Sides With JP Morgan in 401(k) Forfeiture Complaint
The department had previously supported employers in a similar legal case last July.