The Department had filed notices of appeal in the fall of 2024 in two federal court rulings that had stayed the implementation of the expanded fiduciary rule.

IBBI cited Section 8 (1) (e) of the RTI Act, stating that the information from the Ministry of MSME was held in a fiduciary capacity and could not be disclosed. The appellant argued that withholding ...

A discretionary account allows a financial advisor or portfolio manager to make investment decisions for the account holder.

At this week’s senate hearing, President Trump’s Labor secretary nominee should clarify whether she’ll stand with the ...

The hearing last month explored the legal process for enforcing the fiduciary duty of retirement plans to avoid excessive recordkeeping fees.

The first piece of guidance involves the long-awaited and highly anticipated “adequate consideration” regulations under the Employee Retirement Income Security Act of 1974 (ERISA), which apply when ...

Attorney General Raúl Torrez and leaders of both chambers of the New Mexico Legislature unveiled proposals Monday designed to enhance oversight and accountability of administrator contracts at public ...

Attorney General Raúl Torrez and leaders of both chambers of the New Mexico Legislature unveiled proposals Monday designed to enhance oversight and accountability of administrator contracts at public ...

Many employer-sponsored defined contributions plans, including 401(k) profit sharing plans and money purchase pension plans ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...

(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary ...