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Attorneys general from 17 states sent a letter to major asset managers concerning "misrepresentations" about Chinese investments.

On December 19, the tri-agencies issued a proposed rule on transparency in health care pricing. The proposed rule follows the 2020 Transparency in Coverage rule and a 2025...

Lawmakers have still not agreed on terms to reopen the federal government. The Senate has now voted eleven times on a Republican resolution to open the government.

The Senate Finance Committee is expected to release its portion of the One Big Beautiful Bill ("BBB") early this week after it reviews procedural Byrd Rule issues with the Senate parliamentarian.

Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing, or another hot-button matter.

On November 9, senators voted 60-40 on a procedural vote to proceed with legislation to reopen the government. The agreement reached by Senate Republican leadership and a group of Senate Democrats...

In continuation of the conversation from our recent webinar, "Benefit Plans and COVID-19 – Legislative and Regulatory Update," we highlight some of the top questions related to providing benefits.

On December 2, the IRS issued Notice 2024-83, which increased the PCORI fee from $3.22 per covered life to $3.47 per covered life for policy and plan years...

The IRS issuance of Notice 2020-17 is important first step into providing COVID-19 specific relief under Code section 7508A...

Unless the Securities and Exchange Commission (SEC) has a significant change of heart, the June 30 compliance date of its Regulation Best Interest (Reg BI) is almost upon us.

On July 10, the House Education and the Workforce Committee passed, 24-18, a Congressional Review Act ("CRA") resolution (H.J. Res. 142) to overturn the Department of Labor's final fiduciary rule.

Principal David Kaleda will be presenting at Practising Law Institute's program Fiduciary Investment Advice 2020.

In order for a qualified retirement plan to maintain its favorable tax-qualified status, the plan terms must comply with the Internal Revenue Code, and any Internal Revenue Service...

This morning, the White House Office of Management and Budget announced that it has received the proposed rule, "Fiduciary Duties in Selecting Investment Alternative[s]" (the "Proposal").

After less than a month at the Office of Management and Budget, DOL's final regulation updating and modernizing the rules for using electronic media to furnish...

On March 8, 2024, the Department of Labor ("DOL") sent a final version of the Retirement Security Rule: Definition of an Investment Advice Fiduciary (the "Fiduciary Rule")...

In the May 2026 issue of Taxes The Tax Magazine®, Groom principals Elizabeth Dold and David Levine authored the article, “Trump Accounts—It Begins with the First Set of Proposed Regulations,” exploring the IRS’s first wave of proposed guidance surrounding the new “Trump Accounts” program.