House and Senate GOP members will reintroduce Congressional Review Act measures to nullify the Department of Labor’s recent rule permitting retirement plan fiduciaries to consider climate change and other ESG factors.

February 03, 2023

Keywords: Congress, DOL, ESG

Categories & Topics: Compliance, ERISA & Pension Plans, ESG, Industry-Level

Few Big Changes in New Regulatory Agendas, Ambitious Rulemakings to Persist

Federal agencies issue Fall Reg Flex agendas, reflecting continuation of ambitious agendas; Custody Rule and anti-money laundering for advisers still planned.

January 09, 2023

Keywords: Money Market Funds, AML, CFTC, Custody, Cybersecurity, DOL, ESG, Private Funds, Proxy Voting, Regulatory Agents, SEC Investment Management

Categories & Topics: AML/OFAC, CFTC, Compliance, Cybersecurity/Privacy, ERISA & Pension Plans, ESG, Industry-Level, Proxy Voting

The IAA Recommends Changes to Proposed QPAM Exemption

The DOL’s proposed new QPAM Exemption requirements would significantly narrow the availability of the exemption and make it more difficult for advisers to use. While we support efforts to protect the interests of plans and plan participants and beneficiaries, we are concerned that the QPAM Exemption proposal’s potential impacts will have negative consequences.

October 19, 2022

Keywords: DOL, ERISA, PTE, QPAM

Categories & Topics: Compliance, ERISA & Pension Plans

Gomez Confirmed as Assistant Secretary

Lisa Gomez has been confirmed by the Senate as assistant secretary of labor for the Employee Benefits Security Administration.

October 04, 2022

Keywords: DOL

Categories & Topics: Industry Trends, Industry-Level

DOL Proposes to Narrow Prohibited Transaction Exemption for Qualified Professional Asset Managers

We’re sorry – you must be a member to view this content. Please log in.

August 10, 2022

Keywords: DOL, PTE, QPAM