Regulatory Agencies

This station houses posts and commentary about non-regulatory issues associated with the federal regulatory agencies with jurisdiction over 401(k) plans, i.e., IRS, DOL and SEC. This includes policy positions, speeches by agency officials, and the agencies’ budgets, agendas, etc.



By NAPA Net Staff5/4/2015 • 0 Comments

It’s Small Business Week, and the IRS has issued a reminder about a special penalty relief program for certain required retirement plan returns — and it could be useful for your plan sponsor clients. READ MORE

By NAPA Net Staff4/24/2015 • 0 Comments

The Department of Labor will not extend the 75-day comment period for its conflict-of-interest rule, Labor Secretary Thomas Perez said April 23. READ MORE

By Andrew Remo3/26/2015 • 0 Comments

The Securities and Exchange Commission and Department of Labor are both working on fiduciary issues — but their different approaches appear to be on different schedules. READ MORE

By Andrew Remo3/19/2015 • 0 Comments

Secretary of Labor Thomas Perez used his first appearances before the 114th Congress this week to deliver a full-throated defense of the DOL’s reproposed fiduciary standard. READ MORE

By Ray Harmon3/19/2015 • 0 Comments

Securities and Exchange Commission (SEC) Chair Mary Jo White confirmed March 17 that the Commission will “implement a uniform fiduciary duty for broker-dealers and investment advisors where the standard is to act in the best interest of the investor.” READ MORE

By Fred Barstein3/18/2015 • 0 Comments

Advisors are now clearly in the crosshairs of Employee Benefit Security Administration (EBSA) enforcement personnel, according to the Groom Law Group. READ MORE

By Fred Barstein1/26/2015 • 0 Comments

Call it a conspiracy or coincidence, but it seems that the SEC, FINRA, the DOL and the White House are all singing from the same hymnal: eliminate potential conflicts of interests by brokers when advising on IRA rollovers. READ MORE

By Craig Hoffman1/12/2015 • 0 Comments

A regulation that would allow for a “window” period for giving out the annual notice required in most 401(k) plans appears to be heading for a spring 2015 publication date — and that could be good news for your plan sponsor clients. READ MORE

By NAPA Net Staff12/23/2014 • 0 Comments

U.S. Secretary of Labor Thomas E. Perez has announced the appointment of five new members to the 2015 Advisory Council on Employee Welfare and Pension Benefit Plans — also known as the ERISA Advisory Council. READ MORE

By Craig Hoffman12/1/2014 • 0 Comments

Just ahead of the Thanksgiving holiday, industry headlines proclaimed that the long-awaited fiduciary regulation reproposal was likely to be published in January. But that “call” may have been premature. READ MORE

By Ray Harmon11/21/2014 • 0 Comments

When President Obama named Loretta Lynch as his nominee to replace U.S. Attorney General Eric Holder, speculation about Secretary of Labor Tom Perez being tapped for the role was put to rest, while speculation about the impact on the DOL’s agenda was reinvigorated. READ MORE

By Ronald Triche11/20/2014 • 0 Comments

The NAPA Government Affairs Committee submitted a comment letter Nov. 19 to the Department of Labor regarding the use of self-directed brokerage (SDB) windows and accounts in ERISA-covered participant-directed individual account retirement plans. READ MORE

By NAPA Net Staff11/20/2014 • 0 Comments

The SEC has issued its 2014 Agency Financial Report, in which it outlines the actions it undertook in 2014 and its goals for 2015.  Investment News notes that the report is vague about whether the SEC will propose a new uniform fiduciary standard in FY 2015, which began Oct. 1, 2014. READ MORE

By Nevin Adams11/19/2014 • 0 Comments

Five members of the Senate Finance Committee are asking Treasury Secretary Jack Lew for some retirement plan relief.


By NAPA Net Staff11/13/2014 • 0 Comments

The Internal Revenue Service is reminding low- and moderate-income workers — as well as the advisors who work with them — about an opportunity to earn a special tax credit while they save for retirement. READ MORE

By Ray Harmon11/7/2014 • 0 Comments

The ERISA Advisory Council has now made its final recommendations of 2014, and got an update on regulatory proposals in return. READ MORE