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ABA: The American Bankers Association
Compliance News

ABA Issues Staff Analysis, Seeks Banker Feedback on Proposed Overtime Rule

ABA has published a staff analysis on the Department of Labor’s proposed rewrite of the Obama administration’s overtime rule, which was adopted in 2016 but never took effect due to a federal judge’s ruling later that year.

ABA has published a staff analysis on the Department of Labor’s proposed rewrite of the Obama administration’s overtime rule, which was adopted in 2016 but never took effect due to a federal judge’s ruling later that year. Comments on the proposal are due by May 21, 2019. ABA is inviting interested bankers to participate in conference calls scheduled over the next two weeks to provide feedback on the proposed rule.