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ERISA Fiduciaries Under a Biden Labor Department: What Is on the Horizon?

USA - February 22 2021 President Joe Biden has been in office for 34 days and his nominee for Secretary of Labor, Marty Walsh, has not yet been confirmed. So far, Mr. Walsh…

Daniel R. Kleinman, Lauren E. Sullivan, Lindsay B. Jackson, Michael B. Richman, Susan Harthill.

DOL Guidance on Missing Participants Is No Longer Missing

USA - January 19 2021 The US Department of Labor (DOL) provided three long-awaited pieces of sub-regulatory guidance on January 12 on the issues of missing participants…

Matthew H. Hawes, Natalie R. Wengroff.

DOL Finalizes ‘Financial Factors’ ERISA Regulation

USA - November 17 2020 The US Department of Labor’s final ERISA regulation generally follows its proposal but without the focus on environmental, social, and governance…

Craig A. Bitman, Daniel R. Kleinman, Julie K. Stapel, Lindsay B. Jackson, Michael B. Richman.

Latest Volley in ESG Back and Forth: DOL Finalizes New ESG Rule

USA - November 3 2020 There was an important development recently in the US Department of Labor’s (DOL’s) efforts to regulate ERISA plan fiduciaries’ use of environmental…

Craig A. Bitman, Julie K. Stapel, Michael B. Richman.

DOL ERISA Enforcement Remains Robust, but Will New OMB Memo Ease the Burden from DOL Investigations?

USA - October 28 2020 The US Department of Labor (DOL) released its 2020 statistics on ERISA enforcement activities on October 27, affirming that the agency’s…

Gaeun Yoo.