News & Publications

Key Employment Law Issues for Financial Services Employers

Thomson Reuters Practice Note

John F. Fullerton, III, and Lauri F. Rasnick, Members of the Firm in the Employment, Labor, and Workforce Management practice, in the firm’s New York office, co-authored an article in in Thomson Reuters, titled “Key Employment Law Issues for Financial Services Employers.”

Following is an excerpt:

While all businesses must comply with federal, state, and local employment laws, financial services employers face many unique challenges and issues because they operate in a regulated environment. Banks, broker-dealers, and investment advisers must comply with numerous regulatory schemes that affect various stages of the employment relationship, including hiring, workplace policies, termination, and dispute resolution.

This Practice Note covers key employment laws, regulations, and common practices that are unique to the financial services industries …