Hilda Solis

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  House Democrats to DOL: Fiduciary Reproposal Should Meet Certain Standards

  By Melanie Waddell, AdvisorOne  |  November 8, 2011

  More than 30 House Democrats sent a letter to Secretary of Labor Hilda Solis that not only thanked her for Phyllis Borzi’s decision to withdraw the DOL’s proposed rule redefining the term fiduciary, but also set out specific areas the new rule should address when it’s reproposed in early 2012.

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  Barney Frank to DOL: Revise Fiduciary Rule on Retirement Plans

  By James J. Green, AdvisorOne  |  September 17, 2011

  Democratic Congressman writes Labor Secretary Solis, calling for her to “withdraw and repropose” fiduciary rule under ERISA; FPA and FSI voice approval

• Fiduciary Rule Proposal Prompts Senator to Call Meeting With DOL

  By Melanie Waddell, AdvisorOne  |  July 27, 2011

  A day after lawmakers told the EBSA to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA), Sen. Kay Hagan, D-N.C., said Wednesday that her office plans to meet with both Borzi and Secretary of Labor Hilda Solis to discuss the fiduciary...

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  Social Security Trusts to Run Out in 2036, According to Report

  By Danielle Andrus, AdvisorOne  |  May 13, 2011

  The Social Security Board of Trustees released its annual report outlining Social Security's health, and Labor Secretary Solis and others were quick to offer their takes on the results.

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  The Hispanic Workforce Is Rising, but Lack of Education Still Holds These Workers Back

  By Savita Iyer-Ahrestani, AdvisorOne  |  April 1, 2011

  The 50 million Hispanics in the U.S. represent 15% of the American workforce, and the Hispanic small business sector is the country's fastest growing sector.

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  Day Before DOL, Putnam Unveils Its 401(k) Transparency Rules

  By Michael S. Fischer  |  October 14, 2010

  Putnam Investments will offer transparent and comprehensive disclosure of fees and expenses to participants in the 401(k)plans it administers, the company announced Wednesday.

• New 401(k) Fee and Conflict Disclosure Rule Issued by Labor Dept.

  By Michael S. Fischer  |  July 16, 2010

  The U.S. Department of Labor (DOL) issued an interim final rule on disclosure of fees and conflicts of interest affecting 401(k) and other retirement plans on Thursday, July 15.