Former State Street Executive Convicted of Defrauding Transition Management Customers
The SEC's complaint alleges that the former executive led a scheme to add secret commissions to securities trades performed for...
Tag: SEC
Former New York Retirement Fund Employee Sentenced in Pay-to-Play Scheme
Navnoor Kang allegedly used his position to direct up to $2.5 billion in state business to registered representatives at two...
SEC Finds Merrill Lynch Traders Overcharged for RMBS
The brokerage firm will pay more than $15 million in settlement.
SEC Seeks Comments on Fund Disclosures and the Fees Charged for Them
The agency also adopted a new rule allowing fund companies to share information via the Internet.
Opinions |
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...
Appeals Court Rejects AARP, State Arguments to Revive DOL Fiduciary Rule Process
The decision puts another layer of finality on the fate of the now-defunct Department of Labor fiduciary rule expansion, meaning...
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 Proposes Moving Public Liquidity Risk Disclosure to Annual Reports
This would replace a pending requlation that would have required the disclosure to be made on Form N-PORT on a...
SEC Deadline for Open-End Fund Liquidity Classification is Extended
However, the deadlines for creating a liquidity risk management program and to limit illiquid investments to 15% of a fund’s...
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...
The SEC Forms Fixed Income Market Structure Advisory Committee
The committee's initial focus will be on the corporate bond and municipal securities markets.
Dodd-Frank, Fiduciary Rule Repeal Progresses in Congress
A bill that would repeal much of the Dodd-Frank Wall Street Reform Act and block the DOL fiduciary rule has...
Company Stock Registration Not Necessarily Required With Brokerage Window
The SEC says whether offering a brokerage window in a 401(k) through which investments in employer securities can be made...
What to Anticipate from Washington for Retirement Plans
While retirement industry regulators have been busy, not much has come out of Congress affecting retirement plans, but that may...
House Passes Bill Opposing Fiduciary Rule
The Retail Investor Protection Act is likely to be vetoed by the White House.
Regulatory Change Brewing Beyond Fiduciary Rule
Focus on DOL’s fiduciary rulemaking is understandable—but there are other major regulatory changes in the works that will directly impact...
SEC Faces Its Own Debate on Fiduciary Advice Standards
Transcripts from a tough SEC hearing called earlier this month show it's not just the Department of Labor considering changes...
House Members Push DOL for Fiduciary Rule Details
A bipartisan group of U.S. House members penned an open letter to the Department of Labor that demands more detail...
Advisers Gain Congressional Allies in Fiduciary Definition Debate
A number of elected officials have emerged on the side of financial advisers in opposing the Department of Labor’s fiduciary...
ERIC Names New Chief Executive
Annette Guarisco Fildes has been appointed CEO of the ERISA Industry Committee.