Compliance | March 21st, 2023 SEC Balances Competing Interests in Finalizing Cybersecurity Rule The SEC reopened the comment period on a cybersecurity rule which would require updated policies and prompt SEC notification of...
Compliance | March 14th, 2023 What the SEC is Scrutinizing in Its Marketing Rule Exams Industry experts and SEC officials discuss what plan sponsors should know about how the regulator will consider investment performance claims.
Compliance | March 10th, 2023 DOL Urged to Pursue Equal Opportunity Cases in Biden Budget Proposal The White House’s proposed fiscal 2024 budget would also increase budgets for the Social Security Administration and the IRS.
Compliance | March 6th, 2023 Gensler Defends SEC’s Climate Disclosure Rules at CII Conference The SEC chair explained that more market actors are using climate and greenhouse gas information in investment decision making, and...
Compliance | February 15th, 2023 Retirement Industry to SEC: Kill Swing Pricing Mandate Industry groups, including ERIC, SPARK and ICI, argue that a proposed mutual fund pricing rule popular in the EU would...
Compliance | January 31st, 2023 SEC Issues Risk Alert on Broker/Dealer Conflicts of Interest The SEC is sending a stern reminder to broker/dealers to better follow new Regulation Best Interest standard, intended to mitigate...
Compliance | December 28th, 2022 The SEC Might Mandate Swing Pricing for Most Funds The comment period for the proposal is open until February 4 and would require a hard close, swing pricing and...
Compliance | December 16th, 2022 Republicans Propose More Anti-ESG Legislation That Won’t Pass In response to the DOL’s November final rule permitting the consideration of ESG in retirement plans, Senator Mike Braun and...
Compliance | December 14th, 2022 Democrat Support for SEC’s Scope 3 Climate Disclosure Weakens Compliance costs for Scope 3 climate disclosures could be high, but they don’t apply to everyone.
Compliance | December 5th, 2022 Fed Proposes Principles for Big Banks to Manage Climate Risks The proposed framework calls on large banks to account for economic risks related to climate change.
Compliance | December 2nd, 2022 Republicans Move to Prevent SEC Climate Disclosure Requirements Though the SEC has not approved its proposal to require climate-risk and carbon emissions disclosures, Republicans are moving to prevent...
Compliance | November 29th, 2022 The Mid-Term Results and What They Mean for ESG and SECURE 2.0 ESG strategists may experience greater uncertainty when Republicans take over the House, but supporters of SECURE 2.0 can still expect...
Compliance | November 4th, 2022 SEC Considers Making Swing Pricing Mandatory for Open-Ended Mutual Funds If adopted, the new rule would require most open ended funds to keep at least 10% of their assets in...
Deals and People | October 27th, 2022 Investment Bank’s Policy Strategist Says Republicans Likely to Take House of Representatives The Chief Washington Strategist at Stifel believes Republican control could lead to headline and potential policy risks for 'woke capital.'
Compliance | June 22nd, 2022 SEC’s Proposed Climate Regulation Draws Support and Criticism Investment consultants' sustainability group and others are supportive, while financial services firms and asset managers raise objections.
Compliance | May 25th, 2022 Proposed SEC Regulations Address Advisers’ ESG Practices, Fund Names One proposal put forward Wednesday by the Securities and Exchange Commission would restrict the way investment managers use ESG nomenclature...
Compliance | May 23rd, 2022 Pensions Will Recoup Losses From Allianz Structured Alpha Investments Following an SEC settlement, most of the U.S. business of Allianz Global Investors will transfer to Voya Investment Management.
Compliance | April 7th, 2022 SEC’s Proposed Money Market Funds Rules Draw Opposition ’Swing pricing’ and liquidity minimums have at least one large asset manager threatening to exit the market.
Compliance | March 21st, 2022 Climate Disclosure Rules Proposed by SEC Organizations would be required to disclose their governance of climate-related risks and relevant risk management processes, as well as their...
Compliance | December 16th, 2021 SEC Proposes New Money Market Fund Rules The proposed amendments are designed to address potential runs on money market funds during times of market stress.