Tag: SEC

Barry’s Pickings: The Possibility of a ‘Provider’s ERISA’

Michael Barry, president of October Three (O3) Plan Advisory Services LLC, discusses how the Securities and Exchange Commission’s (SEC)’s broker/investment adviser standard-of-conduct proposal would be necessary to the creation of a provider-based retirement system.

New Conflict-of-Interest Proposal Expected from SEC

As the Department of Labor (DOL) fiduciary rule process appears destined for defeat, experts speculate about the possibility that the SEC could take its own regulatory actions to address adviser conflict of interests; some say a new SEC rule could be proposed this week.

Retirement Funds Among Targets of Securities Fraud

Brokers serving retirement plans and other institutional investors were accused of routing orders for equities to an offshore affiliate in Bermuda that “executed them on a riskless basis and opportunistically boosted profits by adding a mark-up or mark-down on the price of a security.”