Congress Seeks to Secure Federal IT Systems
Client Alert | less than 1 min read | 08.03.18
Congress is readying legislation to grant the Secretary of Homeland Security authority to exclude (a) an information technology product, service or item of equipment, (b) telecommunication equipment, and (c) telecommunication services from certain national security sensitive procurements if the source presents significant supply chain risk. If the Securing the Homeland Security Supply Chain Act of 2018 legislation becomes law, the contractor would receive notice of their pending exclusion (with the existence of notice and details depending on national security and law enforcement interests rather than due process concerns), and have 30 days to convince the DHS Secretary that exclusion is unwarranted. The proposed legislation would also exempt these decisions from bid protest jurisdiction.
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Client Alert | 2 min read | 05.07.24
Department of Labor Finalizes Changes to Its Fiduciary Rules
On April 25, 2024, the Department of Labor (“DOL”) published a final rule (the “Final Rule”) regarding when providing investment advice results in the advisor becoming a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) and the Internal Revenue Code of 1986, as amended (the “Code”). Under this guidance, an entity is a fiduciary if the provider of that advice to an ERISA plan or Individual Retirement Account:
Client Alert | 8 min read | 05.07.24
Client Alert | 3 min read | 05.07.24
Client Alert | 4 min read | 05.07.24
