On January 11, 2017, the staff of the SEC's Division of Investment Management issued an interpretive letter (the Interpretive Letter) expressing its
On December 15, 2016, the staff of the SEC's Division of Investment Management issued a Guidance Update (the Guidance Update) addressing certain
After days of hearings and thousands of comments, the Department of Labor (DOL) has issued a significantly revised final rule (rule) outlining when a
On May 18, 2015, the U.S. Supreme Court issued a decision reinstating breach of fiduciary duty claims brought under the Employee Retirement Income
On April 14, 2015, the U.S. Department of Labor ("DOL") released a re-proposed regulation defining who is considered a "fiduciary" of an employee
This paper is intended as a general guide to the withdrawal liability provisions of ERISA, which were added in 1980 by the Multi-Employer Pension
On January 27, 2014, the SEC issued two orders instituting administrative and cease-and-desist proceedings against Western Asset Management Co., an
In a case of first impression decided on July 24, 2013, the First Circuit Court of Appeals ruled that a private equity fund and its portfolio
This paper is intended as a general guide to the withdrawal liability provisions of ERISA, which were added in 1980 by the Multi-Employer Pension Plan Amendments Act (“MPPAA”) for practitioners and executives.
In 2012, plan fiduciaries must provide 401(k) (and other defined contribution) plan participants more detailed information regarding plan investments and the fees that affect their accounts.