The number of private funds registered with the SEC rose 8.1% to 24,725 in the year ended Dec. 31, said the latest data from the SEC's division of investment management, risk and examinations office.
October 16, 2015 | 04:28 pm
The CEO of the Pensions Regulator raised concerns about the rapid growth and sustainability of defined contribution multiemployer plans, known as master trusts, in the U.K., as millions of smaller...
October 15, 2015 | 02:07 pm
The U.K.’s minister for pensions announced that work has been “put on hold” on the development of defined ambition plans, collective defined contribution plans and the automatic...
October 15, 2015 | 02:01 pm
Multiemployer pension plan sponsors could cut billions from their pension obligations if they are able to take advantage of the Multiemployer Pension Reform Act of 2014, Moody’s Investors...
October 12, 2015 | 04:05 pm
New transparency rules affecting European capital markets risk reducing market liquidity, the capacity of investment funds and will raise compliance costs for money managers, in particular bond...
October 08, 2015 | 03:04 pm
The Department of Labor is seeking to remove Encorium Group Inc. as fiduciary of its 401(k) plan, for failure to conclude a plan termination.
October 02, 2015 | 01:59 pm
The Department of Labor announced Thursday it granted Credit Suisse Asset Management an exemption allowing it to continue providing asset management services to retirement plans after its banking...
October 01, 2015 | 04:16 pm
Latour Trading, a high-frequency trader, will pay a total of $8 million to settle charges that it sent millions of orders to U.S. exchanges that did not comply with SEC market structure rules.
September 30, 2015 | 03:23 pm
Deutsche Bank was fined $2.5 million by the Commodity Futures Trading Commission for failing to adequately report its swaps transactions from January 2013 to July 2015.
September 30, 2015 | 03:33 pm
A record amount of feedback on the Department of Labor’s proposed conflict-of-interest rule will be reflected in the final version, said Timothy Hauser, deputy assistant secretary of labor for...
September 29, 2015 | 04:10 pm
Congress should consider giving states some flexibility in designing programs to expand private-sector access to retirement savings plans without worrying about ERISA pre-emption, said a new report...
September 29, 2015 | 11:00 am
More members of Congress are weighing in on the Department of Labor's efforts to update a fiduciary standard.
September 25, 2015 | 03:27 pm
The Securities and Exchange Commission will update its rules governing administrative proceedings, which have been the subject of recent court challenges.
September 25, 2015 | 03:18 pm
The SEC voted 5-0 on Tuesday to approve a proposal that would establish new rules on liquidity risk transparency for mutual funds and exchange-traded funds.
September 22, 2015 | 01:37 pm
The concept of states setting up retirement programs for private-sector workers is gaining traction, with help from the Department of Labor and policymakers in an increasing number of states.