Union News

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11/03/2022
The SEC has notified the union that it will not be extending the lease for Station Place 3 (SP3) at SEC Headquarters in Washington, D.C. (HQ), and that it intends to move the almost 400 non-management employees currently located there into temporary, doubled-up spaces in SP1 and SP2, apparently so that they can be included in Chairman Gensler’s “Return to Office” plan this winter. The union has demanded formal bargaining over this misguided decision, which will result in an unnecessary and wasteful expenditure of public funds for repetitive HQ office moves in 2023, as well as a further... Read more ...
10/23/2022
Last week, Chair Gensler’s disagreements with the union over negotiations for our new Collective Bargaining Agreement (CBA) and pandemic return to office (RTO) issues both went to litigation before the Federal Service Impasses Panel (FSIP).
After five all-day mediation sessions before a federal mediator at the Federal Mediation and Conciliation Service (FMCS), Chair Gensler’s team refused the union’s efforts to reach a compromise on any of the primary areas of disagreement remaining in our CBA dispute. For example, the Chair continues to make unreasonable demands regarding telework,... Read more ...
09/28/2022
Today, SEC Chair Gary Gensler’s management team and the union are commencing mediation sessions at the Federal Mediation and Conciliation Service (FMCS) regarding our stalled Collective Bargaining Agreement (CBA) negotiations. The parties remain in disagreement over numerous aspects of our basic employment agreement, such as how our pensions are funded, existing limitations on the Student Loan Repayment Program, how our annual leave is accrued, and what our post-pandemic telework program will look like. As the CBA talks edge closer towards litigation, it is important to understand the basic... Read more ...
08/11/2022
The union is receiving an increasing number of inquiries about the status of the union’s bargaining over the SEC’s plan to return all staff to the office for mandatory in-person work (“RTO”) in January. We regret to inform you that management notified the union this week that Chair Gensler has opted to immediately take the matter to the Federal Mediation and Conciliation Service (“FMCS”). Mediation at FMCS usually constitutes the first step towards bringing a bargaining “impasse” to the Federal Service Impasses Panel (“FSIP”) for resolution through litigation.
Chair Gensler’s decision to go... Read more ...

More Union News

09/30/2022
WHEN: On Tuesday, October 25, from 12:00 PM to 1:00 PM Eastern, NTEU Chapter 293 will hold its annual member meeting. Due to the SEC's current office status, the meeting will be held via WebEx. The union's panel will appear live at the Station Place Auditorium. WebEx connection information will be sent out to union members prior to the event.
NONMEMBERS:  Over 75% of bargaining unit (non-management) employees at the SEC are members of the union. Any bargaining unit employee who is not yet a member of the union who would like to attend the meeting may join the union by filling out boxes 1, 2... Read more ...
09/13/2022
A number of SEC union members have asked the union about our positions on telework during our negotiations with Chair Gensler’s management negotiating team over a new Collective Bargaining Agreement (CBA) during the summer. NTEU Chapter 293 does not typically take positions during bargaining, but instead seeks to identify the important interests of both parties in an effort to narrow areas of disagreement. In keeping with that strategy, late last spring the union’s CBA negotiating team made the following PowerPoint presentation to SEC management regarding important interests related to... Read more ...
08/04/2022
Today, the union requested mediation assistance from the Federal Mediation and Conciliation Service (FMCS) regarding our negotiations with SEC management over a new Collective Bargaining Agreement (CBA). The parties completed their formal CBA negotiating sessions last week, and this week we exchanged “Last Best Offers” on most of the articles that the parties opened for discussion last spring. Seeking mediation at FMCS is a last chance for the parties to reach agreement before taking an “impasse” (a fundamental disagreement over contract terms) to the Federal Service Impasses Panel (FSIP) for... Read more ...
08/01/2022
Last week, the Senate Appropriations Committee released the text of all twelve funding bills for Fiscal Year (FY) 2023. Committee Chairman Patrick Leahy (D-VT) said it is his hope that, with the release of the bills showing the priorities of the Senate Democrats, members can take a step closer toward reaching a bipartisan compromise. As you may recall, the House of Representative passed a six-bill appropriations package the week before last (read about it here). Given the Senate Appropriations Committee has not considered these bills and the August congressional recess begins soon, it is... Read more ...
07/27/2022
After continuing to receive numerous employee questions about the use or lose leave issue, the union is providing this further update.
Employees must schedule all of their use or lose by the end of the year to avoid forfeiture, because Chair Gensler has continued to refuse to address this issue, despite the following facts:
The approximate projected balance of use or lose leave for 2022 for all bargaining unit employees is well over 300,000 hours. Obviously, this will result in a large number of employees being required to take a large amount of leave during the last several months of... Read more ...
07/27/2022
As the union and SEC management near the end of our Collective Bargaining Agreement (“CBA”) negotiations, we have received many questions from SEC employees regarding the state of our discussions regarding the future of telework at the SEC.
Since CBA bargaining began last spring, the union team has urged Chair Gensler to seize the unique opportunity this moment in time affords to move the SEC firmly into the future of work in our nation. After two and half years of everyone at the agency working remotely, with a high degree of success, we envision a future with a highly flexible SEC telework... Read more ...