Recent Alerts

Yellow Alert: Healthcare Reform: Clown Car, or Simple Growing Pains?
Yellow Alert | Apr. 4, 2017 | ACA, Cadillac Tax, Employee Benefits, Employer Tax Exclusion, Flood, Government Affairs

Joel Wood, The Council’s senior vice president of government affairs, gives a report on the state of play for Trumpcare and the House’s repeal and replace efforts.

RED ALERT: Oppose Any New Taxes on Employer Health Insurance
Red Alert | Feb. 24, 2017 | ACA, Healthcare

House GOP leaders this morning released a “discussion draft” of legislation designed to repeal and replace the Affordable Care Act that includes a “pay-for” provision that would scale back the employer exclusion from taxation for benefits from 100 percent to 90 percent.

YELLOW ALERT: Fiduciary Rule and Financial Services Regulations
Yellow Alert | Feb. 3, 2017 | Dodd-Frank, Fiduciary Rule, Financial Services

Today, the White House issued two releases of import to the financial services community: a memorandum to the Department of Labor directing it to re-examine the fiduciary rule, and an executive order on financial services regulation. Both actions are discussed in more detail below.

YELLOW ALERT: Reports Indicate that Proposed NY Cyber Rule Effective Date Delayed
Yellow Alert | Dec. 20, 2016 | Cybersecurity

According to widely circulating reports, next week the New York Department of Financial Services intends to issue a re-proposed rule for its proposed cyber regulation, “Cybersecurity Requirements for Financial Services Companies” (Proposed 23 NYCRR 500) and to allow a 30-day comment period on the re-proposed rule.