From Guiding To Enforcing: DOL Drops Opinion Letters

Law360, New York (April 20, 2010, 2:27 PM EDT) -- The Wage and Hour Division of the U.S. Department of Labor recently implemented significant changes to the agency’s long-standing practice of providing fact-specific Opinion Letters to employers on legal issues involving the Fair Labor Standards Act and other statutes. On March 24, 2010, the DOL announced that it no longer considers efficient the use of the agency’s resources to provide fact-specific guidance to employers, which was a practice followed for decades.

Instead, the DOL intends to focus its resources on making general interpretations of the law...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.