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High-profile Supporters to Push SEC for Higher Fiduciary Standards in Sept. 11 Meeting

Twelve well-known U.S. financial services industry figures will meet Sept. 11 with the chairman of the Securities and Exchange Commission to discuss their “Fiduciary Declaration,” which will urge Congress and the agency to heighten protection for those receiving investment advice. The declaration, to be signed by Paul Volcker, John C. “Jack” Bogle, Sheila Bair and […]

Premium Reimbursement Arrangements: Time to Dump Group Coverage?

While the discussions continue about healthcare reform, most agree that its primary goal—affordable health care for every American—is a noble one. Even as the law was written, and certainly as implementation has progressed, the reality that emerged was anything but simple. For many, “bogged down” doesn’t even begin to describe the processes and the outcomes.

Georgia: Noncompetes Become More Salvageable

by David C. Hagaman, Ford & Harrison LLP Republicans won every Georgia statewide office and picked up one congressional seat from the Democrats. The most significant vote was the passage of a constitutional measure that gives Georgia courts the right to rewrite restrictive covenants in employment agreements without striking down the entire pact. The new […]

Training, enforcement key parts of DOL’s proposed budget

The Obama administration’s proposed U.S. Department of Labor (DOL) budget for fiscal year 2015 stresses a continuation of enforcement initiatives from previous years as well as new job training and assistance initiatives. Released on March 4, the budget proposal includes $11.8 billion in discretionary funding for the DOL, $300,000 less than the request in the […]

Hot List: New York Times Bestselling Paperback Business Books

The following is a list of the bestselling paperback business books as ranked by the New York Times on October 12. 1. Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (P.S.) by Steven D. Levitt and Stephen J. Dubner. A maverick scholar and a journalist apply economic theory to everything from cheating sumo […]

Healthcare Reform: 10 Changes for Employers

As everyone knows by now, President Obama has just signed legislation that makes major changes to the healthcare system in the United States. Some of the changes will affect employers in significant ways — 10 of which are discussed below: 1. Employer Responsibilities. Beginning in 2014, the legislation will require an employer with more than […]