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South Africa's main opposition party, the Democratic Alliance, has stated in its party manifesto that if elected it will promote a "ground-up" policy to promote broad employee share ownership. The ruling ANC has already stated that employee ownership will be a key agenda item for it.

The Certified Equity Professional Institute (CEPI) has released the second installment of its research study on risks and controls for equity compensation, specifically addressing exercise processes, taxes and payroll issues, and accounting issues.

In the NCEO's new issue brief Floor Price Protection in ESOP Transactions, ESOP experts describe various approaches and issues related to providing plan participants protection against the impact of debt on stock prices after

Following controversy over his role in a plea bargain for Jeffrey Epstein, Secretary of Labor Alexander Acosta offered his resignation on July 12, and President Trump announced that Patrick Pizzella would become the acting secretary.

Andrew Puzder, who is nominated to be Secretary of Labor in the Trump Administration, "has left employee benefits practitioners scratching their heads about what to expect from the DOL's Employee Benefits Security Administration" in the words of Sean Forbes, a reporter for Bloomberg BNA.

At a hearing of the House Committee on Education and the Workforce, Secretary of Labor Hilda Solis responded to questions from many members of Congress about the agency's proposal to change the definition of a plan fiduciary.

Section 133 of the Internal Revenue Code allows lenders to exclude up to 50% of the interest income they receive on loans to ESOPs owning more than 50% of a company's shares. This provision is repealed by the new bill, effective when the President signs it.

Section 133 of the Internal Revenue Code allows commercial lenders to exclude 50% of the interest income they receive from loans to majority ESOP companies that pass through full voting rights.

The ability of lenders to exclude 50% of the interest income they receive on ESOP loans remains up in the air. When Congress passed the Budget Reconciliation Act, this provision was eliminated, but President Clinton vetoed the bill and it remains in much-discussed limbo.

Final regulations on deferred compensation rules under Internal Revenue Code Section 409(A) still have not been issued, leading many observers to believe the rules will allow companies until the end of 2007, rather than 2006, to amend current plans to make them compliant with the new requirements