On March 5, 2019, the Treasury Department and the Internal Revenue Service (IRS) released a Policy Statement announcing the procedures and conventions that they intend to follow regarding the issuance of regulatory and subregulatory guidance.
On April 2, 2019, the House Ways and Means Committee favorably voted out the "Setting Every Community Up for Retirement Enhancement Act of 2019" (the "SECURE Act").
On March 14, 2019, the House Committee on Financial Services’ Subcommittee on Investor Protection, Entrepreneurship and Capital Markets held a hearing entitled, “Putting Investors First? Examining the SEC’s Best Interest Rule.”
On March 22, 2019, the Department of Labor (DOL) published a proposal to raise the standard overtime salary level from $23,660 per year to $35,308 per year.
On February 6, 2019, the House Committee on Ways and Means (the Committee) convened a hearing entitled, “Improving Retirement Security for America’s Workers.”