Regulation

DOL fee-disclosure guide upsetting DC record keepers

DOL fee-disclosure guide upsetting DC record keepers

Members of the defined contribution industry have had three months to try to digest a Department of Labor proposed rule on fee disclosure, and many of them are choking on it.

June 23, 2014
Transparency could guide SEC trading agenda

Transparency could guide SEC trading agenda

Increasing the transparency of prices and potential conflicts of interest in institutional trades in dark pools and automated trading systems will drive the SEC's policy agenda for the next several...

June 23, 2014
Academics tackle  high-frequency trading problem

Academics tackle high-frequency trading problem

Three academics have identified a market structure they contend would enhance liquidity and stability, overcoming detrimental impacts to investors of high-frequency trading.

June 09, 2014
SEC chairwoman outlines proposals for dark pools, HFT

SEC chairwoman outlines proposals for dark pools, HFT

The SEC will consider requiring more disclosure of institutional trades made through dark pools and other automated trading systems, and require high-frequency traders to register as broker-dealers,...

June 05, 2014 | 03:20 pm
Credit Suisse awaits DOL asset manager exemption

Credit Suisse awaits DOL asset manager exemption

Credit Suisse is seeking permission to continue providing asset management services to retirement plans, after its banking entity pleaded guilty to helping U.S. citizens avoid taxes overseas.

June 02, 2014 | 03:47 pm
New Tennessee law requires full pension contributions by local governments

New Tennessee law requires full pension contributions by local governments

Tennessee Gov. Bill Haslam signed legislation on Wednesday that will require some local governments in the state to increase contributions to their pension funds.

May 29, 2014 | 02:45 pm

Pension Protection Fund wants comments on new insolvency risk model

Pension Protection Fund, London, is seeking comment on its new insolvency risk model, which will produce customized scores to better assess employers’ insolvency risk and to calculate...

May 29, 2014 | 01:01 pm
Money managers remaining vigilant against FSOC

Money managers remaining vigilant against FSOC

Money managers watching the Financial Stability Oversight Council grapple with systemic risk breathed more easily after being given a chance at a recent Washington conference to explain what they do. ...

May 26, 2014
TVA falls through cracks as plan funding deteriorates

TVA falls through cracks as plan funding deteriorates

With widespread improvements in pension plan funded levels reported for U.S. corporations, it was alarming to learn the Tennessee Valley Authority's pension plan was only 63% funded at the end of its ...

May 26, 2014
 SEC Chairwoman White discusses money market reform, FSOC at ICI conference

SEC Chairwoman White discusses money market reform, FSOC at ICI conference

New rules imposing safeguards on money market funds will be out “in the very near term,” SEC Chairwoman Mary Jo White said Thursday at an Investment Company Institute conference in...

May 22, 2014 | 12:42 pm
FSOC hears from money managers, House critics on systemically important designations

FSOC hears from money managers, House critics on systemically important designations

Financial Stability Oversight Council should “cease and desist” its review of money managers and other financial institutions that might be designated systemically important, House...

May 20, 2014 | 03:06 pm
Corporate tax strategies threaten wealth creation

Corporate tax strategies threaten wealth creation

Google Inc. shareholders May 14 rejected by a 93% vote a proposal sponsored by my firm, seeking the adoption of a responsible code of conduct to guide the company's global tax strategies. I suspect...

May 14, 2014 | 04:35 pm
European pension execs uneasy over transaction tax outlook

European pension execs uneasy over transaction tax outlook

Pension funds in Europe remain in limbo over the potentially damaging effects that a European financial transaction tax could have on their investments and participants' savings.

May 12, 2014
CFTC commissioner: Agency needs to invest in derivatives trading oversight

CFTC commissioner: Agency needs to invest in derivatives trading oversight

A CFTC commissioner said the agency needs to invest more in technology to improve its surveillance of derivatives trading and plans to go to the traders themselves to seek their input.

May 07, 2014 | 02:14 pm
NYSE settles with SEC on oversight lapses

NYSE settles with SEC on oversight lapses

The New York Stock Exchange and two affiliated exchanges agreed to pay $4.5 million and re-evaluate their business practices to settle an enforcement action brought by the Securities and Exchange...

May 01, 2014 | 04:00 pm