Happy Friday, readers! We finally have a new Secretary of Labor, on the verge of President Trump’s 100th day in office. Andrew Acosta is known for a distinguished career in public service, and compared with the previous pick for the position, the response to the nomination and approval of Acosta has been far more positive, both on the left and the right of the political spectrum. Get the latest reporting on the Acosta confirmation and other pressing regulatory matters below, and have a great weekend!
At a recent PLANADVISER focus group event, it was evident that small- and mid-market plan sponsors had little interest in “white labeling” investments—and their rationale might surprise you.
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