All posts by team

NEWS RELEASE: While American Workers Face Ongoing Struggle to Save for Retirement, Department of Labor Appears Poised to Strip Them of Important Protections

With the country struggling to address pandemic-related economic disruptions that have made it harder than ever for working Americans to save for a secure and independent retirement, the Department of Labor (“DOL”) is expected to release its new investment advice rule for retirement plans within weeks, if not days. Advocates for workers, investors, and retirees are concerned the new rule could make matters worse by stripping retirement savers of already inadequate protections from faulty investment advice.

News Release: Brown Bill on Data Would Improve Consumer Privacy

This legislation will create vitally needed new public protections by putting constraints on the collection, use, sharing, and selling of our personal data by financial services companies and all firms. The Data Accountability and Transparency Act’s bright-line approach appropriately shifts the burden of privacy protection away from consumers, who have minimal resources to protect themselves, and toward corporations, which profit immensely from the aggregation of our data.