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Experience
|March 4, 2024
$675 Million Potomac Electric Power Company Public Offering of First Mortgage Bonds
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Benefits Blast
|April 29, 2024
|5 Min Read
The U.S. Department of Labor Finalizes its Most Recent Definition of an Investment Advice Fiduciary
On April 25, 2024, the U.S. Department of Labor’s Employee Benefits Security Administration (the Department) published the Retirement Security Rule: Definition of an Investment Advice Fiduciary (the 2024 Fiduciary Rule). The 2024 Fiduciary Rule defines when a person is considered a fiduciary under Title I and Title II of the Employee Retirement Income Security Act of 1974 (ERISA) in connection with providing investment advice or making an investment recommendation to a retirement investor. In addition to the 2024 Fiduciary Rule, the Department also finalized amendments to certain Prohibited Transaction Exemptions (PTEs) to reflect the Department’s updated definition of an investment advice fiduciary.
Client Alert
|April 25, 2024
|3 Min Read
SCOTUS “Lowers the Bar” for Title VII Job Transfer Claims
WacoWatch
|April 24, 2024
|2 Min Read
Google petitioned the Federal Circuit for a writ of mandamus, requesting that the Federal Circuit direct the United States District Court for the Western District of Texas to vacate its order denying Google’s motion to transfer and transfer to the United States District Court for the Northern District of California.
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