Posts Tagged ‘Employee Benefits Security Administration’
Nov 4 2011
U.S. Department of Labor to Release MEWA Guidance Soon | Employment Law
On October 31, 2011, a representative of the Department of Labor, Employee Benefits Security Administration, announced that the DOL expects to release guidance in the near future concerning new registration and reporting requirements for multiple employer welfare arrangements (“MEWAs”).
Oct 25 2011
U.S. Department of Labor Releases Final Regulation on Investment Advice | Employment Law
On October 24, 2011, the Department of Labor, Employee Benefits Security Administration, released its final rule on investment advice. This final rule implements a statutory prohibited transaction exemption under ERISA which permits financial advisors to receive fees from providers of investment products that are recommended to participants of employee benefit plans. The final rule becomes effective December 27, 2011.