Tagged: department of labor

June 2, 2022 @ 12:07 pm By JD Alois  |  

FourUsAll, a “tech-Enabled 401(k) advisor,” has sued the US Department of Labor over guidance issued regarding firms allowing savers to include crypto in their retirement savings accounts. FourUsAll aims to be the first enabler to offer secure access to cryptocurrency. ForUsAll touts its intent to… Read More

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

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

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