Compliance | March 18th, 2024 Appeals Court Pauses SEC’s Climate Disclosure Rule The U.S. 5th Circuit Court of Appeals issued a stay for a rule that included some standards set to take...
Compliance | January 25th, 2024 SEC Fines Aon $1.5M for Lying to Pennsylvania Fund Aon misrepresented the source of inaccurate performance data it provided to the fund.
Compliance | January 10th, 2024 Can You Permit Crypto in a Brokerage Window? Probably not worth the risk, but there is no ban on it.
Compliance | November 22nd, 2023 SEC Case Highlights Why Fiduciaries Should Be Cautious About Crypto Kraken filing should be "a clear warning" to retirement plans to consider if offering crypto investments is "prudent," Wagner Law...
Investing | November 8th, 2023 Navigating ESG: the Informed ESG Investor In an uncertain regulatory environment, panelists discussed considerations for plan sponsors when evaluating whether to put ESG funds into an...
Compliance | October 26th, 2023 New House Speaker Mostly Unknown to Retirement Industry Industry advocates have very little to say about Mike Johnson, good or bad, but another budget showdown could reveal his...
Compliance | October 10th, 2023 Retirement Industry Calls On SEC to Withdraw Proposal on AI, Conflicts of Interest The proposal would limit the availability of educational and retirement readiness tools for participants, commenters say.
Compliance | September 29th, 2023 Personal Device Use Costs 10 Broker, Adviser Firms $79M The fine was imposed by the SEC Friday for persistent and high-level failures to communicate on approved channels.
Compliance | September 29th, 2023 SEC to Allow RILAs to Register on Simplified Forms The proposal would streamline the registration and disclosure process for RILAs and highlight their unique features.
Compliance | September 26th, 2023 Mutual Fund Trustees Resist Aiding and Abetting Charges The SEC argues fund trustees assisted a mutual fund in dodging liquidity requirements by not acting to properly classify the...
Compliance | July 14th, 2023 Republicans Take Aim at Proxy Voting Firms Congressional Republicans allege that proxy firms give advice based on political preferences, not investors' financial interest.
Compliance | July 13th, 2023 Senate Appropriations Committee Advances Funding for SECURE 2.0 Lost and Found The committee’s spending bill appropriates $14 million for the creation of a retirement account database.
Compliance | July 12th, 2023 SEC Updates Gate Structure, Liquidity Fees for Money Market Funds The new rules are designed to increase MMF liquidity and protect investors from runs on the funds, starting in 2024.
Compliance | June 28th, 2023 House Republicans Call for More Transparency in ESG and Proxy Voting Republicans focus on the environmental aspect of ESG in a recently published report on Republican policy goals concerning investor activism.
Compliance | May 26th, 2023 Swing Pricing Protects Investors From Dilution, Gensler Says SEC Chairman Gary Gensler offered a spirited defense of the swing pricing proposal in a conversation with ICI’s Eric Pan.
Compliance | May 10th, 2023 Swing Pricing Proposal Should Be Defunded, House Republicans Say The chairman of the House Committee on Financial Services, Patrick McHenry, says the swing-pricing rule would hurt investors, especially because...
Compliance | May 8th, 2023 SEC Accuses Fund Adviser of Violating Liquidity Requirements Pinnacle Advisors helped a mutual fund dodge SEC liquidity requirements for at least a year, the SEC charges.
Compliance | May 5th, 2023 Amendments to SEC Custody Rule Would Expand Scope to More Asset Classes Many market actors are requesting an extension on the comment period, which ends Monday, to better analyze the proposal.
Compliance | April 20th, 2023 House Republicans Air SEC Grievances at Oversight Hearing The SEC proposal on swing pricing criticized for potential harm to retirement investors, especially those located in the West.
Compliance | March 28th, 2023 Congress, SEC Plan Separate Expansions of Electronic Disclosures Bipartisan legislation and an SEC proposal would make electronic disclosures under securities laws much more commonplace.