Regulatory and Legislative

Financial Freedom Act Proposed in Senate

FuturePlan ERISA Team May 10 2022

Senator Tommy Tuberville (R-AL) has introduced the Financial Freedom Act, legislation aimed at prohibiting the Department of Labor (DOL) from restricting the types of investments that plan participants can choose through participant directed accounts and self-directed brokerage accounts. The bill is in response to regulatory guidance released by the DOL and announced in March.

Defined Contribution Plan DOL Legislative updates

Regulatory and Legislative

ESOP Proposed Rule on Hold

ESOP Proposed Rule on Hold

A proposed rule and class exemption issued by the Department of Labor’s Employee Benefits Security Administration providing guidance on ESOP transactions has been withdrawn from publication.


Show more