At stake is a Department of
Labor ruling set to take effect this coming April that would require any financial advisor, stock broker or insurance agent directing a client's retirement account to act in the best interest of that client.
Not exact matches
Meanwhile, another
labor law professor, Temple's Brishen Rogers, told me, «I wouldn't
rule out an appeal to the 9th Circuit, which could then push the trial back quite a bit, but also
set up an interesting comparison case with the FedEx case from 2014.»
The final updated
rules for overtime have been released by the Department of
Labor and are
set to take effect in December: That means a lot of employees who were previously exempt will suddenly qualify for overtime pay.
The Department of
Labor has partially implemented its
rule, with the remainder currently
set to take effect in 2019.
Earlier this month, the president ordered a review of Dodd - Frank, the 2010 financial regulatory law, and directed the secretary of
labor to review the fiduciary
rule, a regulation
set to go into effect in April.
The
ruling could also play a role in a dispute between McDonald's and
labor unions, which is
set to resume in the fall before the NLRB.
Although TPP is often seen as another in a line of treaties aimed at liberalizing trade further, a more important goal may have been to «raise the bar» on trade, and to
set up a body of
rules, including on environmental and
labor issues, with which to create pressure for countries like China to comply.
President Donald Trump on Friday signed an executive order telling the Department of
Labor to halt implementation of its fiduciary
rule, which is
set to take effect April 10.
This week, President Obama made a speech in which he vocally supported the Department of
Labor's new proposed fiduciary
rule, which
sets new uniform
rules to ensure financial advisers always act with their clients» best interest in mind.
Also
set for review is the US Department of
Labor's fiduciary
rule, which had been scheduled to take effect in April.
Similar to the Department of
Labor fiduciary
rule, the NAIC model would place limits on agent compensation, require more disclosures and
set a «best interest» standard.
It troubles me see people
laboring under these self imposed
set of
rules (God sure didn't write them) to the point that they make themselves miserable!
June 27, 2017 • On Tuesday the
Labor Department formally requested information from the Office of Management and Budget,
setting the stage for scaling back a
rule that would make more workers eligible for OT.
The eight Republican members who attended the Senate Health, Education,
Labor and Pensions Committee hearing chastised King, saying he'd failed to follow numerous provisions, including mandates to reduce the size of the Department of Education, allow states to
set rules for measuring performance and avoid complex reporting requirements for academic achievement.
If I could go back in time and
set things right, I would've
set the defined - benefit pension funding
rules to
set aside considerably more assets so that funding levels would've been adequate, and not subject to termination as the
labor force aged.
The U.S. Court of Appeals for the Fifth Circuit recently
set aside the Department of
Labor's (DOL) so - called «fiduciary
rule,» holding that it exceeded the regulatory authority granted to DOL by the Employee Retirement Income Security...
For years,
labor economists said routine work like a factory job could be reduced to a
set of
rules that could be computerized.
The U.S. Department of
Labor's final
rule revising overtime exemption regulations for white - collar employees was
set to take effect December 1.
Today, the President delayed the Department of
Labor's Fiduciary
Rule that was
set to take effect in April.
Known as the fiduciary
rule and
set by the
Labor Department to take effect in April 2017 — but then delayed by the Trump administration until at least June 2017 and some parts until January 2018 — the
rule simply requires people in the financial services industry to put consumers» best interests ahead of their own.