Brad Campbell, former head of the Department of Labor’s Employee Benefits Security Administration, has joined Drinker Biddle & Reath as counsel in the law firm’s Employee Benefits & Executive Compensation Practice Group in Washington.
Campbell joins Drinker Biddle from Schiff Hardin, where he focused on ERISA Title I issues, including fiduciary conduct and representation of financial service providers.
Campbell, who also serves as an expert witness in ERISA litigation, joins the Compensation Practice Group and its recently organized Financial Services ERISA Team a year after Drinker Biddle welcomed 11 lawyers from Reish & Reicher, including nationally recognized employee benefits lawyers Fred Reish and Bruce Ashton. Reish and Ashton work in Drinker Biddle’s Los Angeles office.
Under Campbell’s leadership at EBSA, EBSA first proposed the recently finalized 408(b)(2) service provider disclosure and plan participant disclosure regulations addressing the transparency of 401(k) and other retirement plan fees. Campbell also issued the final QDIA regulation facilitating automatic enrollment of workers in their retirement plans, and a final regulation expanding participant access to professional investment advice. Earlier in his government service, Campbell assisted in developing and negotiating the Pension Protection Act of 2006, including provisions modernizing the prohibited transaction rules.