Tag Archives: DOL

How would Alex Acosta as Secretary of Labor affect the DOL Fiduciary Rule?

On Wednesday, March 22, the U.S. Senate’s Health, Education, Labor and Pensions Committee convened the confirmation hearing for Alexander Acosta, President Trump’s nominee for Secretary of Labor. During the hearing, Elizabeth Warren, a supporter of the Department’s Fiduciary Rule, questioned … Continue reading →

New FLSA Overtime Rules – Did the early birds get the worm or a surprise?

When a Texas judge issued an injunction delaying new FLSA guidelines, what became of companies' implementation plans? Continue reading →

Winding down the business of the U.S. independent contractor

The DOL’s Wage and Hour Division (WHD) has been busy issuing new guidance on the entire independent contractor classification system. Continue reading →

New U.S. overtime regulations – The wait is over!

The DOL's final regulations updating the overtime pay rules, released May 18, primarily focus on updating the salary thresholds needed to qualify as exempt employees, although certain other important changes were also included. Continue reading →

First Look: Inflated Risk From The New DOL Fiduciary Standard Conundrums

The key question facing today’s financial services firms is how to assess and mitigate risks from the Department of Labor’s (DOL) expanded definition of “investment advice fiduciary” under the Employee Retirement Income Security Act of 1974 (ERISA). The common theme … Continue reading →

Discipline an Employee for Breaking a Safety Rule? – The US Department of Labor May have Something to Say About That.

safety first?

It seems like a pretty simple concept: Break a safety rule and get disciplinary action taken against you. Until now. Continue reading →

DOL: Call Me Maybe – As I May Not Answer Due to the Shutdown

Those with ongoing investigations or litigation involving the federal Department of Labor (DOL), possibly arising from fiduciary liability concerns related to employee benefit plans (such as pension plans, including 401(k) plans and welfare benefit programs) – may be interested in … Continue reading →