Enforcement Priorities Herald Deeper Shift at Benefits Regulator

A rare overhaul of enforcement projects at the Employee Benefits Security Administration under new leadership would reorient the agency toward prioritizing more serious violations and maximizing its limited resources.

The updates to the Labor Department agency’s enforcement projects to prioritize areas like cybersecurity and end focus on employee-owned companies mark one of the first major changes at EBSA under Assistant Secretary of Labor for Employee Benefits Security Dan Aronowitz.

“We are committed to providing clear guidance while concentrating our efforts on the most egregious conduct and significant harm to plan participants and beneficiaries,” Aronowitz said in a statement to Bloomberg ...