DOL Issues Guidance on 401(k) Plan Investments in Cryptocurrencies
On March 10, 2022, the U.S. Department of Labor (DOL) issued Compliance Assistance Release No. 2022-01 cautioning plan fiduciaries to exercise extreme care before considering adding a cryptocurrency option to a 401(k) plan’s investment menu...
Read MoreTemporary Enforcement Policy on CAA Compensation Disclosures
The Consolidated Appropriations Act of 2021 (CAA) created new requirements for brokers and consultants to disclose any direct or indirect compensation they may receive for referral of services to ERISA-covered group health plan sponsors. The...
Read MoreNew Law Seeks to Increase Compensation Transparency for Employers
What Does the Broker Compensation Disclosure Rule Mean for Employers? Transparency and shared expectations are gold standards of any successful business relationship. When it comes to a broker, employers should look for someone who keeps...
Read MoreProtecting Against Security Breaches – Financial Institutions
Financial institutions are top targets for security breaches. While the media often reminds us of high-profile network leaks, financial institutions of all sizes are at risk. Because the unintentional release of sensitive customer information is...
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