Sentences with phrase «new labor rules»

The latest proposal for updating NAFTA's automotive rules from the United States would carry a four - year phase - in to meet a higher, 75 percent regional value threshold as well as new labor rules.

Not exact matches

The latest U.S. proposal for updating NAFTA's automotive rules would carry a four - year phase - in to meet a higher, 75 percent regional value threshold as well as new labor content rules requiring substantial work at hourly wages of at least $ 16.
As U.S. Representative Sean Duffy put it, «the hundreds of new rules will require an estimated 2,260,631 labor hours just for compliance.»
The Department of Labor's new overtime rule goes into effect in December.
Drinkwater said the new investing rule announced in early April by the Labor Department may spur advisors and clients to work more closely on keeping inflation's effects at bay.
The Department of Labor passed a new rule earlier this year requiring that financial advisors who work with clients on retirement plans abide by a fiduciary standard.
Some 300 miles north in Huntsville, new businesses sprout in farm fields drawn by readily available land, low taxes, flexible labor rules and improving infrastructure.
Paychex president and CEO Martin Mucci said some caution is seeping into labor markets ahead of the presidential election and as business owners juggle new health - care and minimum - wage regulations and prepare for the launch of overtime rules in December.
In addition, Mulally negotiated a landmark labor agreement with the United Auto Workers in 2009 that eased onerous work rules and introduced a 50 percent lower wage for new factory hires.
Advisors take note: ERISA concepts are coming to IRAs under the Department of Labor's new fiduciary rule, and you need to change your practices accordingly before the April compliance date kicks in.
WASHINGTON, April 30 The latest U.S. proposal for updating NAFTA's automotive rules would carry a four - year phase - in to meet a higher, 75 percent regional value threshold as well as new labor content rules requiring substantial work at hourly wages of at least $ 16.
New Department of Labor fiduciary rules that went into effect June 9 require only «reasonable compensation» for sales of products into retirement accounts.
The new Department of Labor fiduciary rules could have implications for cyber-security systems if they are not strong enough.
Despite the flurry of lawsuits that have followed the release of the final Department of Labor (DOL) fiduciary rule, some insurance carriers are coming to terms with the new regime and have announced plans to comply with the seemingly burdensome rules.
By April 2017, investment advisory firms will have to be in compliance with the Department of Labor's new fiduciary rule requiring them to adhere to a «best - interest standard» in advising their customers.
A White House official said the document, titled «Draft Conflict of Interest Rule For Retirement Savings,» shouldn't be seen as a new turn in the Labor Department's rulemaking.
In a wide - ranging webinar Thursday two executive vice presidents at Envestnet laid out several steps advisors can take to comply with the new Department of Labor fiduciary rule.
Indexed annuity sales in 2017 fell 5 percent to $ 57.6 billion compared with record sales in 2016, but analysts expect FIA sales to rise this year as insurers and distributors adjust and move on from new Department of Labor fiduciary rules.
Additionally, he thinks the U.S. Department of Labor's new fiduciary rule will widen the number of defendants who are named in these lawsuits.
Recent developments, including ongoing investigations into bribery and corruption at the Company's subsidiaries in Mexico, China, Brazil, and India; new revelations of accounting fraud at the Company's China operations; a recent ruling by a National Labor Relations Board Administrative Law Judge against the Company for its illegal discipline of employees; and, the NLRB decision to authorize a nationwide complaint against the Company for violations of the National Labor Relations Act, highlight the need for enhanced oversight of Wal - Mart's corporate culture and behavior.
The Labor Department's new proposal to update the overtime - pay rules would give millions of American workers a toehold in the middle class.
Insurance companies will be tweaking their agent and advisor commission structures over the next 12 months to comply with a new fiduciary rule issued by the Department of Labor.
Popular financial radio show host Dave Ramsey caused a firestorm on Twitter last week when he weighed in against the «fiduciary rule» — the controversial pending Department of Labor regulation that would impose new restrictions on a vast swath of financial professionals who handle IRAs and 401 (k) accounts.
Markey hailed the Labor Department rule as ushering a new era in which «entertainers like Dave Ramsey can no longer evade the pursuit of regulatory oversight.»
President Obama gave a full - throated endorsement of the Department of Labor's controversial proposal to impose fiduciary obligations on brokers and advisors working with retirement plans, insisting that new rules are a needed consumer protection to prevent billions in costs due to bad advice.
Michael McNiven, PhD, Managing Director and Portfolio Manager discusses the Department of Labor's new fiduciary rule with respect to retirement investment advice.
If accomplished, the Department of Labor's new fiduciary rules could be a much needed game - changer.
Advisers need to examine their practices for IRA rollovers in the new fiduciary environment created by the Department of Labor's conflict - of - interest rule.
As anticipated, financial services trade groups are said to be filing a lawsuit soon challenging the Department of Labor's new fiduciary rule.
Advisors shouldnt dilly - dally in complying with the Department of Labors new rule, says prominent fiduciary attorney Fred Reish.
The two of us — a former SEC commissioner and a former labor solicitor — have a word of advice for Labor concerning its recent efforts to adopt new rules on broker conflicts of interest: It's time to pass the blabor solicitor — have a word of advice for Labor concerning its recent efforts to adopt new rules on broker conflicts of interest: It's time to pass the bLabor concerning its recent efforts to adopt new rules on broker conflicts of interest: It's time to pass the baton.
He'll give you informed insight into what the prospects are inside the Beltway for new fiduciary rules from the Department of Labor or the SEC.
As expected, President Donald Trump issued executive orders Friday to revise the rules that implement the Dodd - Frank Act and instructed the Department of Labor to stop implementing the new fiduciary rule.
On Wednesday (1/18/17), MarketWatch featured our op / ed on why the Labor Department still has to define the hardest part of the new fiduciary rule.
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.
New Constructs submits the following comments regarding the Department of Labor's proposed rule entitled Definition of the Term «Fiduciary» — Delay of Applicability Date.
Plaintiffs in the court case that threw out the Department of Labor's fiduciary rule declared «complete victory» against the rule and said the way is now clear for the Securities and Exchange Commission to create a new standard that would apply across financial disciplines.
But James Regalbuto of New York favored adhering to the Department of Labor fiduciary rule definition «where possible.»
Moreover, said Rosenbluth, «New Department of Labor rules make choosing an expensive fund problematic for an advisor.»
The Department of Labor's fiduciary standard, and new securities industry account statement rules for greater clarity in the prices of products, have forced nontraded real estate investment trusts to slice their commissions.
OTA lobbied the Senate Health, Education, Labor & Pensions Committee staff and several Senate offices to include language in the Produce Safety Rule prohibiting any new regulations from contradicting or duplicating the requirements of the U.S. Department of Agriculture's National Organic Program (NOP).
They now have to wait for the Labor Department to rule on a new wage order.
If the court sides with Mr. Janus, it would spark the biggest change in government labor relations and state politics in New York since the passage of the Taylor Law in 1967, which first established ground rules for public employee unions.
Today's Siena poll (the second in as many days) finds New Yorkers overwhelmingly support the bulk of the agenda Gov. Andrew Cuomo laid out in his State of the State address, but also back an idea floated by the Assembly Democrats and organized labor that he has so far ruled out: Reinstating the so - called «millionaire's tax.»
The contributions from labor come only three days after the Hotel Trades Council struck an agreement with Resorts World New York in Queens that will great increase the minimum pay for workers in the short and near term following a ruling by an independent arbitrator.
The blatant hypocrisy of these religious and quasi-religious organizations, that want to impose rules and laws on other industries they don't often want applied to themselves and who benefit from a number of labor law and tax «exclusions» is fully detailed in the excellent 5 part series «In God's Name» by Diana B. Henriques that ran in October of 2006 in the New York Times:
A New York State effort to more tightly regulate the prepaid cards on which many employees receive their wages was struck down by a review board, which ruled that the state's Labor Department exceeded its authority in imposing fee limits and other restrictions on the cards.
As labor secretary, he pushed through new rules allowing more workers to get overtime pay and protecting retiree investments.
The new rule, which was drawn up by the agency's Policy Committee, will employ a geographic definition of local labor that includes the eight counties of Western New Yonew rule, which was drawn up by the agency's Policy Committee, will employ a geographic definition of local labor that includes the eight counties of Western New YoNew York.
The recommendations voted on by the wage board now go to the Governor's Commissioner of Labor, who will publicly post them for a 15 - day comment period, after that, the new rules for increasing the minimum wage can go into effect in 45 days.
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