SIFMA Proposes Extended Comment Period on Overtime Pay Rulemaking Proposal

SIFMA and other associations requested a sixty-day extension of the comment period on a rule proposal concerning exemptions for executive, administrative, professional, outside sales and computer employees. The extension would allow commenters to provide the DOL with details about the consequences of imposing a nationwide uniform salary level on different regions of the country with different compensation levels.

See: SIFMA Proposes Extended Comment Deadline for Overtime Pay Rulemaking.