Posted inLaw and Justice

DOL Releases Bold New Retirement Investment Protections

Flanked by Democratic allies in Congress on Wednesday, Secretary of Labor Tom Perez unveiled the final version of the long-awaited fiduciary rule, which requires that, like doctors and lawyers, retirement account brokers must act in their clients’ best interest. “It really puts in place a fundamental principle of consumer protection into the American retirement marketplace, […]

Posted inMoney, Politics, and Power

Republican FEC Commissioners Say They Will Crack Down on Shadowy LLCs. But Do They Mean It?

Three Republicans on the Federal Election Commission who have signaled their willingness to crack down on the growing use of secretive limited liability companies (LLCs) to make campaign contributions will soon be put to the test on the issue. The FEC faces multiple complaints from watchdog groups regarding the alleged use of LLCs to make […]

Posted inWorking in America

Supreme Court Case That Almost Busted Public-Sector Unions is Dead. What Now?

A dark cloud that’s loomed large over public-sector unions has cleared away-for now. The Supreme Court split 4-4 Tuesday in its decision on Friedrichs v. California Teachers Association, a case centering on the legality of “fair-share” fees, which non-union members are required to pay to cover collective bargaining costs. And while the decision came down […]

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