department of labor

US Department of Labor Allows Private Equity Investments in 401Ks, the SEC Applauds Move

June 4, 2020 @ 6:12 pm By JD Alois |

Yesterday, the U.S. Department of Labor (DLO) issued an Information Letter under the Employee Retirement Income Security Act (ERISA) pertaining to private equity investments as a component of a professionally managed funds offered as an investment option for participants in defined contribution plans. Effectively,… Read More

In Wake Of DOL’s Fiduciary Rule: Fintech Firms FolioDynamix & Apex Clearing Announce Partnership to Deliver Next Generation of Automated Investment Advice

August 24, 2017 @ 1:15 pm By Samantha Hurst |

On Thursday, FolioDynamix announced its partnership with Apex Clearing to usher in a new wave of customer-centric investment technology in the wake of the Department of Labor’s Fiduciary Rule. The collaboration of the two fintech companies reportedly combines turnkey investment technology from FolioDynamix with automated and expedited… Read More

Warning: Proposed Department of Labor Rule May Imperil Investor Access to Alternative Assets

September 15, 2015 @ 12:53 pm By JD Alois |

Regulations usually possess good intent, but all too frequently are near-sighted and fall far short of assisting targeted beneficiaries. This may be another case of myopic regulators not taking a moment to think beyond what superficially may appear to be a plus, but ends up… Read More