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Are You a Fiduciary? The New Definition of an Investment Advice Fiduciary | JD Supra
JD Supra· 1 day agoOn April 25, 2024, the United States Department of Labor (USDOL) issued a final rule, the “Retirement Security Rule,” that significantly alters the definition ...
DOL's new fiduciary rule – and its unexpected impact on HSAs
BenefitsPRO· 2 days agoMuch has been said about the Department of Labor's controversial new Fiduciary Rule, which has been...
Mid-Year Enforcement Update: SEC’s Continued Focus on Private Funds in 2024
The National Law Review· 5 hours agoAs 2024 continues, we expect to see more scrutiny of private fund managers in the SEC’s longstanding...
What Advisers Need to Know Now About Giving Rollover Advice after September 23, 2024 | JD Supra
JD Supra· 5 days agoOn April 25, 2024, the Department Of Labor (DOL) published its latest attempt to update the definition of an investment advice fiduciary, the Retirement Security ...
Elon Musk wins Tesla shareholder battle to keep his record-breaking pay
Yahoo Finance· 21 hours agoComizio said shareholders might claim that the process leading to Thursday's vote suffered from the...
The NVCA Revises Its Model Documents to Address Holding in West Palm Beach Firefighters’ Pension...
JD Supra· 1 day agoThe Delaware Court of Chancery in Moelis ruled that certain provisions in a shareholders agreement undermined the fiduciary duties of the board of directors and were therefore ...
District Court Denies Motion to Dismiss Forfeiture Complaint | JD Supra
JD Supra· 11 hours agoIn December, we suggested, contrary to popular opinion, that serious attention should be given to the filing of several class action lawsuits alleging that plan fiduciaries violated ERISA by ...
The SEC’s Final Climate Rules in Limbo: Practical Considerations for Boards and Management Teams |...
JD Supra· 1 day agoAfter years of threatening to do so, and a vigorous comment period exercise, the Securities and Exchange Commission recently adopted climate-related disclosure rules. Litigation against the ...
Musk Pay Victory Removes Cloud at Tesla, but Fresh Legal Fight Looms
The Wall Street Journal· 4 hours agoThe plaintiff’s lawyers contend that the pay package should be voided because the board breached its...
Atlanta attorney loses law license after $4 million Bitcoin fraud
WSB Cox articles via Yahoo News· 1 day agoIn their review of the situation and written reasoning for revoking McDonald’s law license, the...