Regulation

Settlements offer lessons in breach suits

Settlements offer lessons in breach suits

As sponsors and service providers continue settling ERISA fiduciary breach lawsuits, the rest of the defined contribution industry is taking careful notes.

February 23, 2015
Obama pushes for new fiduciary standard

Obama pushes for new fiduciary standard

President Barack Obama called for a new fiduciary standard proposal from the Department of Labor to protect middle-class retirement savers that he said are being hurt by some advisers' conflicts of...

February 23, 2015 | 04:14 pm
Company stock option fading from 401(k) plans

Company stock option fading from 401(k) plans

Company stock in defined contribution plans continues to shrink as a percentage of assets, plans offering the option and participants investing in it, recent research and surveys show.

February 23, 2015
Fitch: GASB 67 a mixed bag for public pension funds

Fitch: GASB 67 a mixed bag for public pension funds

Some public pension funds are reporting higher asset values under GASB 67 because of strong returns in recent years, said a new report from Fitch Ratings.

February 13, 2015 | 03:31 pm
Government subsidies are a deal-breaker for clean energy investors

Government subsidies are a deal-breaker for clean energy investors

One factor holding back widespread investment in clean technology is the need for government subsidies.

February 09, 2015

FSOC moves toward more transparency

The Financial Stability Oversight Council agreed Wednesday to bring more transparency to its process for determining whether non-bank financial institutions are systemically important to the...

February 05, 2015 | 02:59 pm
DOL rule for plan funding notices applies to single-employer plans for first time

DOL rule for plan funding notices applies to single-employer plans for first time

Single-employer defined benefit plan sponsors covered by ERISA have new guidelines for annual funding notices in a final rule published Monday by the Department of Labor's Employee Benefits Security...

February 02, 2015 | 01:37 pm
 Plan funding notices to apply to single-employer plans for first time; final rule expected Feb. 2

Plan funding notices to apply to single-employer plans for first time; final rule expected Feb. 2

Single-employer defined benefit plan sponsors covered by ERISA will have new guidelines for annual funding notices when the Department of Labor's Employee Benefits Security Administration publishes a ...

January 30, 2015 | 05:17 pm
Norm Champ to leave as SEC’s director of investment management

Norm Champ to leave as SEC’s director of investment management

Norm Champ is resigning from the SEC as director of investment management at the end of January, the Securities and Exchange Commission announced Wednesday.

January 21, 2015 | 03:04 pm
S&P settles with SEC, 2 states over CMBS ratings

S&P settles with SEC, 2 states over CMBS ratings

Standard & Poor's Ratings Services agreed to pay a total of $77 million to settle federal securities law violations involving its ratings of commercial mortgage-backed securities to the SEC, and to...

January 21, 2015 | 02:03 pm
Advocate church plan appeal advances

Advocate church plan appeal advances

Advocate Health Care can proceed to the appeals court level to defend itself in a church pension plan challenge, a federal judge said.

January 16, 2015 | 03:46 pm
SEC approves new transparency rules on swaps trades

SEC approves new transparency rules on swaps trades

Most swaps trades will have to be reported to the public under rules approved by the SEC on Wednesday.

January 14, 2015 | 01:35 pm
SEC prioritizes market risks for 2015, will continue to review private equity fees

SEC prioritizes market risks for 2015, will continue to review private equity fees

SEC compliance officials will spend 2015 focused on protecting retail investors' retirement savings and assessing market risks

January 13, 2015 | 03:52 pm
MetLife appeals to federal court to overturn SIFI designation

MetLife appeals to federal court to overturn SIFI designation

MetLife Inc. asked a federal court on Tuesday to overturn its designation as a non-bank systemically important financial institution by the Financial Stability Oversight Council.

January 13, 2015 | 03:19 pm
Direct Edge Holdings to pay $14 million in SEC settlement

Direct Edge Holdings to pay $14 million in SEC settlement

Two Direct Edge exchanges now owned by BATS Global Markets will pay $14 million to settle charges of improperly describing stock orders, the SEC announced Monday.

January 12, 2015 | 01:40 pm