Michael Del Conte advises clients on a wide range of ERISA regulatory compliance issues, particularly with regard to disclosure and plan investment issues. Michael draws heavily on his insider’s view of ERISA’s primary regulator to assist his clients in meeting their various disclosure, reporting, and monitoring requirements. Additionally, a significant portion of Michael’s practice involves negotiating investments by pension plans and voluntary employees beneficiary association plans in hedge funds, private equity funds, and other private placement investments. In the past five years he has negotiated several billion dollars in plan investments and subscriptions. Michael joined the firm in 2012 after spending four years with the Department of Labor’s Employee Benefits Security Administration in the Office of Regulations and Interpretations. In that role he assisted in the development and drafting of disclosure regulations including the Participant Level Fee Disclosure Regulation and the service provider disclosure regulation under ERISA section 408(b)(2). Previous Experience Employee Benefits Law Specialist, Department of Labor Employee Benefits Security Administration Honors & Distinctions Department of Labor, 2012 Secretary’s Honor Award
Publications DOL Modernizes Disclosure Rules in a Significant Expansion of Electronic Delivery Groom Benefits Brief October 28, 2019
Publications It’s Over! Fifth Circuit Issues Mandate Vacating Fiduciary Rule Groom Benefits Brief June 22, 2018
Publications DOL Announces Temporary Enforcement Policy in Response to Fifth Circuit Decision Groom Benefits Brief May 7, 2018
Publications Massachusetts Brings Enforcement Action Against Brokerage Firm Based on Violations of Fiduciary Rule Compliance Policies February 21, 2018
Publications DOL Grants Individual Exemptions to Allow Asset Managers to Use QPAM Exemption February 13, 2018
Publications DOL Proposes 18 Month Extension of the Transition Period to Fiduciary Rule & Issues Non-enforcement Position on Arbitration Prohibition August 30, 2017