On April 25, 2024, the United States Department of Labor (the “Department”) published its final rule, Retirement Security Rule: Definition of an Investment Advice Fiduciary (the “Rule”), which was set to take effect on September 23, 2024. The Rule intends to protect the interests of retirement investors when receiving advice about their retirement account investments. However, on July 25, 2025, … [Read more...] about Texas Court Halts the Department of Labor’s Retirement Security Rule
Department of Labor
U.S. Department of Labor’s Final Rule Reintroduces The Longstanding Economic Reality Test in Worker Classification Matters
The United States Department of Labor published its Final Rule on January 10, 2024 governing the classification of independent contractors. Taking effect next month, the Final Rule reintroduces standards that are more consistent with judicial precedent. This new standard is enacted to avoid the misclassification of workers and ensure that workers receive due protections under the … [Read more...] about U.S. Department of Labor’s Final Rule Reintroduces The Longstanding Economic Reality Test in Worker Classification Matters