News & Analysis as of

Office of Management and Budget Department of Labor (DOL) Proposed Regulation

Faegre Drinker Biddle & Reath LLP

The New Fiduciary Rule (28): Coming Attractions—The Final Fiduciary Rules Are on the Horizon

In November 2023, the U.S. Department of Labor released its package of proposed changes to the regulation defining fiduciary advice and to the exemptions for conflicts and compensation for investment recommendations to...more

DirectEmployers Association

OFCCP Week In Review: July 2023

Tuesday, June 27, 2023: At 11th Hour, OFCCP Made Changes to Contractor Portal FAQ - Update Made Two Days Prior to Certification Deadline - Thursday, June 29 “Deadline” Not Extended - Adding to the existing...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

We will get PEP guidance soon

With less than six months before the launch of pooled employer plans (PEPs) comes word that the Department of Labor (DOL) has some proposed regulations on tap....more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

DOL is “plotting” a new fiduciary rule

When a government agency is plotting, they have to do it in public and it’s just a matter of when you find the clue. The Department of Labor (DOL) has filed a draft regulation called “Improving Investment Advice for...more

Jackson Lewis P.C.

Sources Reporting Salary Basis Threshold In Final Rule Lowered to $47,000

Jackson Lewis P.C. on

Multiple sources are reporting that the DOL’s Final Rule regarding the exempt status salary basis threshold will set the minimum salary at approximately $47,000 per annum, rather than the previously-reported $50,440. ...more

Bond Schoeneck & King PLLC

DOL Takes Final Step Toward Implementation of New Overtime Exemption Rules

Ever since President Obama on March 13, 2014 signed a Presidential Memorandum directing the United States Department of Labor to update the overtime exemption regulations under the FLSA, it has probably been the most talked...more

Blank Rome LLP

DOL New White Collar Exemption Regulations Are At The Goal Line

Blank Rome LLP on

Action Item: On March 14, 2016, the U.S. Department of Labor (“DOL”) took the final step in its long process to put in place the final new regulations governing the Fair Labor Standards Act’s “white collar exemptions.” DOL...more

Obermayer Rebmann Maxwell & Hippel LLP

One Step Closer: Big Overtime Change Sent to OMB

As previously reported by HR Legalist, the Department of Labor (“DOL”) has proposed an amendment to the Fair Labor Standards Act (“FLSA”) that will change the rules about which employees are exempt from overtime for working...more

PilieroMazza PLLC

Proposed Rule Expected for White-Collar FLSA Overtime Exemptions

PilieroMazza PLLC on

Secretary of Labor Thomas Perez announced yesterday that the U.S. Department of Labor has submitted a proposed rule on the white-collar FLSA overtime exemptions to the Office of Management and Budget (OMB)....more

Ogletree, Deakins, Nash, Smoak & Stewart,...

DOL “Springs” Its Part 541 Proposal for Review

On Tuesday, May 5, 2015, the U.S. Department of Labor (DOL) announced that it had sent its draft proposed part 541 overtime regulations to the Office of the Information and Regulatory Affairs (OIRA) at the Office of...more

Constangy, Brooks, Smith & Prophete, LLP

Proposed Overtime Rule Has Been Sent To OMB

Secretary of Labor Thomas Perez announced today that the U.S. Department of Labor has submitted a proposed rule on the white-collar FLSA overtime exemptions to the federal Office of Management and Budget, which means that the...more

Morgan Lewis

DOL Sends Proposed Conflict of Interest Rule to OMB for Review

Morgan Lewis on

The White House backs a “fiduciary rule” for IRAs. The U.S. Department of Labor (DOL) has sent its proposed “Conflict of Interest Rule-Investment Advice” to the president’s Office of Management and Budget (OMB) for...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Some Surprises in DOL’s Just Issued Spring 2014 Regulatory Agenda

On Friday, May 23, 2014, the White House, through its executive branch and other federal agencies, issued the Spring 2014 edition of the Semiannual Regulatory Agenda. Published twice a year, the agencies’ regulatory agendas...more

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