William P. WadeOf CounselK&L Gates LLPWebsitewww.klgates.comOrganization ProfileFull ProfileConnectEmail310-552-5071 Professional Biography Mr. Wade concentrates his practice in investment management, ERISA, fiduciary, regulatory, and related securities and tax matters for financial institutions. More Legal and Business Bylines From William P. Wade QPAM Amendments Impact on CITs: What Banks and Their Advisers Need to Know - (Posted On Thursday, December 12, 2024) DOL's Fiduciary Rule: The Latest Developments - (Posted On Wednesday, August 14, 2024) SEC Enforcement Action Cites Bank for Operating Collective Investment Funds as Unregistered Investment Companies: Key Takeaways for Banks and Advisers - (Posted On Friday, November 20, 2020) DOL Issues Proposed Rule on ESG Investing for ERISA Plans Part 2: Implications for Plan Sponsors and Investment Managers - (Posted On Tuesday, July 28, 2020) Private Equity in 401(k) Plans – A Trillion Dollar Opportunity? - (Posted On Wednesday, June 17, 2020) Fiduciary Rule ̶ No Further Delays - (Posted On Thursday, May 25, 2017) DOL Fiduciary Rule – What’s Next? - (Posted On Friday, February 17, 2017) Current Legal Analysis Ninth Circuit Rejects Certification of FLSA Collective Action on Personal Jurisdiction Grounds by: Ryan H. Crosner , Harry M. Rowland, III Beltway Buzz, July 11, 2025 by: James J. Plunkett President Trump Signs Law with Over $1 Billion of AI Funding, and US Rescinds Chip Export Restrictions to China — AI: The Washington Report by: Bruce D. Sokler , Alexander Hecht UK Regulator Publishes Update on Dynamic Pricing Project and “Top Tips” for Businesses Using Dynamic Pricing by: Carlton Daniel , Paul Jinks (In)Authentic: The Importance of Due Diligence in the Art Market by: Sheppard, Mullin, Richter, & Hampton LLP Pittsburgh City Council Amends Paid Sick Days Act by: Sheri L. Giger , Terri I. Patak Big Changes for QSBS: What the 2025 Trump Tax Bill Means for Founders and Investors by: Stephen M. Osborn EPA Appoints Former ASA Government Affairs Director as OCSPP DAA for Pesticides by: James V. Aidala EPA Withdraws Proposed SNURs for 18 Chemicals Made from Plastic Waste-Based Feedstocks by: Lynn L. Bergeson , Carla N. Hutton Minnesota Mandates Meal and Work Breaks Starting January 1, 2026—With Automatic Penalties by: Corie J. Anderson McDermott+ Check-Up – July 11, 2025 by: Debra Curtis , Julia Grabo DHS Terminates Temporary Protected Status for Honduras and Nicaragua, Effective September 8, 2025 by: W. First Born , Ashley Urquijo Major Changes to the Child Victims Act in 2025 by: Melissa L. Jampol , Eleanor T. Chung New Option for Excess Fee Income Rebates in Private Equity Funds for Non-US and US Tax-Exempt Investors by: Ari Feder , Kari K. Harris Eighth Circuit Vacates FTC’s ‘Click-to-Cancel’ Rule by: Timothy A. Butler , Matthew M. White Upcoming Events Jul 15 2025 Loper Bright: Has the Demise of Chevron Deference Mattered? Jul 15 2025 Loper Bright: Has the Demise of Chevron Deference Mattered? Jul 17 2025 180 Days of the Trump Administration—Quick Hits on Executive Orders, Actions, and Policies Jul 17 2025 EPR for Packaging is Here and Expanding: What Cosmetic and Personal Care Products Companies Need to Know Print