News & Analysis as of

Proposed Rules Threshold Requirements Comment Period

Maynard Nexsen

FAR Council Issues Proposed Rule to Adjust Acquisition-Related Thresholds for Inflation

Maynard Nexsen on

On November 29, 2024, the Department of Defense, General Services Administration, and National Aeronautics and Space Administration (together, the "FAR Council") issued a proposed rule to adjust for inflation several...more

Venable LLP

New Proposed DOL Rule May Mean More Workers Receive Overtime Pay

Venable LLP on

A new rule, proposed by the U.S. Department of Labor's Wage and Hour Division (DOL) on August 30, 2023 (the Proposed Rule), will expand the group of workers who are entitled to overtime. If implemented, the Proposed Rule will...more

Parker Poe Adams & Bernstein LLP

Labor Department Proposes Raising FLSA Overtime Exemption Salary Minimum to $55K

Last week, the U.S. Department of Labor (DOL) announced a proposal to increase the salary requirement for employers to claim certain exemptions from the Fair Labor Standards Act’s overtime and minimum wage requirements to...more

Benesch

An Estimated 3.4 Million More Workers to be Eligible for Overtime Under DOL Proposed Rule

Benesch on

The Department of Labor (DOL) has issued a proposed rule to increase the salary required to be “exempt” under the Fair Labor Standards Act (FLSA)....more

Roetzel & Andress

Labor Department Proposes Overtime for Currently Exempt Employees Earning $55,000/Year or Less

Roetzel & Andress on

The Labor Department released a proposed rule increasing the salary threshold for overtime-exempt employees from the current $35,568/year to $55,000/year. The proposal will be open for public input for 60 days once its...more

Fox Rothschild LLP

U.S. Department of Labor Proposes Increases to Salary Thresholds for Overtime Exemptions

Fox Rothschild LLP on

The U.S. Department of Labor (DOL) proposed rules on August 30, 2023, to raise the salary threshold level necessary to exempt certain employees from the Fair Labor Standards Act’s (FLSA) minimum wage and overtime pay...more

Gould + Ratner LLP

New DOL Proposal Would Expand Overtime Pay to Millions of Workers

Gould + Ratner LLP on

The U.S. Department of Labor (DOL) has announced a new proposed rule that – if it becomes final – would extend overtime pay to over 3 million American workers. Annual Salary Threshold for EAP Exemptions Increases to...more

Smith Anderson

FTC Proposes Major Expansion and Revision of HSR Rules and Form

Smith Anderson on

On June 27, 2023, the Federal Trade Commission (“FTC”) and the Department of Justice (“DOJ”) released proposed changes to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR” or the “Act”) premerger notification...more

Proskauer Rose LLP

SEC Proposes Increasing the 13F Threshold to $3.5 billion

Proskauer Rose LLP on

On July 10, 2020, the Securities and Exchange Commission (“SEC”) proposed significantly increasing the reporting threshold requiring the filing of a Form 13F to $3.5 billion, a 35-fold increase from the current threshold....more

Cadwalader, Wickersham & Taft LLP

SPECIAL FUND ALERT: Proposed HSR Rule Amendment: Foreign Today but Not Tomorrow?

On November 8, 2019, the Federal Trade Commission (“FTC”) and the Antitrust Division of the U.S. Department of Justice (“DOJ”) proposed changes to the premerger notification rules (“Rules”) relating to how U.S. and foreign...more

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