U.S. Representatives French Hill (R-AR), David Scott (D-GA), and Ann Wagner (R-MO) urged the DOL to "cease its efforts" to adopt the "Retirement Security Rule" proposal "to prevent needlessly inflicting harm on millions of retirement savers across the country."
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SIFMA and SIFMA Asset Management Group urged the DOL to withdraw its latest version of the "Retirement Security Rule" proposal and accompanying prohibited transaction exemption amendments that would expand the activities resulting in a person being deemed an "Investment Advice Fiduciary."
A Florida-based company settled Department of Justice and Small Business Administration charges for conspiring to fraudulently obtain loan funds provided under the Paycheck Protection Program.
A data security company settled claims brought by a multistate coalition of Attorneys General for failing to disclose theft of customer data resulting from a cyberattack.
A global health services company settled charges with the DOJ to resolve a series of False Claims Act actions being pursued by numerous U.S. attorney’s offices across the country.