Department of Labor Content

February 12, 2025—ICI President and CEO Eric J. Pan released a statement after President Trump nominated Daniel Aronowitz to serve as Assistant Secretary of Labor for the Employee Benefits Security Administration.

December 16, 2024—In April 2024, the Department of Labor (DOL) issued a controversial rule intended to broaden the definition of fiduciary advice to cover broker recommendations on individual retirement accounts (IRAs).

October 15, 2024— ICI submitted a letter to the Office of Management (OMB) and Budget in response to a revised information collection request submitted to OMB by the Department of Labor (DOL). In the ICR, like the earlier proposed version of the ICR, DOL requests approval to collect...

July 16, 2024—in this letter ICI provides comments on the notice of proposed rulemaking that would require certain investment advisers to implement customer identification programs.

June 18, 2024—The Investment Company Institute submitted a comment letter on the proposed Information Collection Request issued by the Department of Labor, which proposes to establish the Retirement Savings Lost and Found database.