Just as broker-dealers and investment advisers finalized their initial implementation plans for the US Securities and Exchange Commission (SEC) Form CRS and Regulation Best Interest (Reg. BI), the US ...

The Department of Labor announced a new test for determining independent contractor status under the Fair Labor Standards Act (FLSA). The test describes specific facts that may result in a ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The FLSA’s independent contractor regulations, as with so many of the federal laws under DOL’s enforcement purview, have been subject to a veritable table tennis match between presidential ...

Experienced ERISA attorneys and retirement industry executives project some possible outcomes of the DOL and SEC conflict of interest reform process; some expect a broad new proposal could emerge as ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

It's now a rule of the road, so to speak -- the Department of Labor's six-factor independent contractor test for contractor/employee determinations under the Fair Labor Standards Act went into effect ...

The Biden administration and organized labor say a newly proposed rule reframing how employers determine whether a worker is an employee or an independent contractor should create more consistency for ...

In the last several years, there have been numerous highly visible wage and hour class action lawsuits brought by interns claiming they were misclassified and thus entitled to wages for their work as ...

A central provision of the Department of Labors new conflict-of-interest proposal would replace how the Employee Retirement Income Security Act defines fiduciary for plan advisors with stricter ...