In a comment letter responding to a Labor Department request for information, ABA said it is not necessary for the agency to take any regulatory action related to climate-related financial risk or other risks associated with climate change.
The American Bankers Association thanked the Department of Labor for deferring regulatory action on the Schedule H reforms proposed by the department in its recently finalized revisions to Form 5500,
In a letter to the Department of Labor this week, ABA and several financial and retirement trade groups requested that the DOL withdraw regulatory guidance that intends to discourage plan investment options in cryptocurrencies and other digital assets.
The Securities and Exchange Commission this week issued a staff bulletin of frequently asked questions and answers related to standards of conduct for broker-dealers and investment advisers when they are making account recommendations to retail investors.
The Department of Labor filed a request for information today seeking public input on its forthcoming work on retirement savings and climate-related financial risks.
The American Bankers Association today wrote to the Department of Labor in support of the agency’s revisions to its investment duties regulation that include consideration of environmental, social, and governance investment factors and a fiduciary’s proxy voting activity under the Employee Retirement Income Security Act.
The American Bankers Association today urged the Department of Labor to delay proposed changes to Form 5500, which reports annual information about the operation, funding, assets and investments of pensions and other employee benefit plans.
The Department of Labor today issued a field assistance bulletin to extend the compliance date for the class exemption on investment advice.
The Department of Labor today issued a proposed rule regarding the environmental, social or governance investing and a fiduciary’s proxy voting activity under the Employee Retirement Income Security Act.
The American Bankers Association and a coalition of retirement trade groups reiterated their request yesterday that the IRS make permanent its temporary relief from the physical presence requirement for spousal consent.