Cory Thomas

Cory Thomas

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DOL Rescinds 2022 Guidance Concerning Cryptocurrency Investments in 401(k) Plans

On May 28, 2025, the Department of Labor (DOL) rescinded its 2022 guidance that cautioned retirement plan fiduciaries to exercise “extreme care” in permitting cryptocurrency and other digital asset investments in retirement...more

6/16/2025  /  Cryptocurrency , Department of Labor (DOL) , Digital Assets , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Fiduciary Duty , Financial Services Industry , Investment Management , Regulatory Reform , Retirement Plan

Pressing Pause: Federal Agencies Halt Enforcement of Mental Health Parity Rule

On May 15, 2025, the Departments of Labor, Health and Human Services and the Treasury (the Departments) announced a non-enforcement policy regarding the final rule issued in September 2024 under the Mental Health Parity and...more

5/21/2025  /  Benefit Plan Sponsors , Compliance , Department of Health and Human Services (HHS) , Department of Labor (DOL) , Employee Benefits , Enforcement Actions , Executive Orders , Mental Health Parity Rule , Regulatory Reform
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