Over the last few months, we have seen an uptick in fraudulent emails meant to scare companies into thinking they are about to lose their trademark rights. Under this current scam, the sender claims to be willing to facilitate trademark registration services prior to registering the mark on behalf of […]
Publications
Regulators Release Third-Party Risk Management Guidance for Community Banks
This month, banking regulators released guidance directed to community banks in connection with the banks’ third-party risk management practices (the “Third-Party Guidance”). The Third-Party Guidance follows the banking agencies’ prior third-party risk management guidance that was issued in June of 2023 and is intended to complement that prior guidance by […]
Long-Term Part-Time Employee Woes
To help increase participation in retirement plans, the SECURE Act of 2019 required 401(k) plans to allow “long-term, part-time employees” (“LTPT employees”) to be eligible to make elective deferral contributions. SECURE 2.0 amended those rules, and in November 2023, the IRS issued proposed regulations interpreting the new laws. Despite the […]
Common Compliance Issues: Failure to Maintain a Section 125 Plan
As employee benefits attorneys, one of the most common compliance mistakes we encounter while advising clients is the employer’s failure to adopt and maintain a Section 125 plan. Whether we are onboarding a new client or assisting a client in purchasing or selling a business, one of the first items […]
Final Regulations Broaden the Affordable Care Act’s Rules for Discrimination on the Basis of Sex
On April 26, 2024, the Department of Health and Human Services published a final rule expanding the prohibition of discrimination in health care programs or activities under Section 1557 of the Affordable Care Act (“ACA”). Section 1557 prohibits discrimination on the basis of race, color, national origin, sex, age, or […]

