Regulation

Volcker rule ushers in era of increased oversight of trades

Wall Street faces more intensive government scrutiny of trading after U.S. regulators issued what they billed as a strict Volcker rule Tuesday, imposing new curbs designed to prevent financial...

December 10, 2013 | 04:24 pm
Did IRS inaction  prompt some to freeze DB plans?

Did IRS inaction prompt some to freeze DB plans?

More closed corporate defined benefit plans may have been frozen this year because the IRS has not released guidance on how employers could avoid failing non-discrimination testing in closed plans.

December 09, 2013
Hedge fund managers seek to set themselves apart through branding

Hedge fund managers seek to set themselves apart through branding

Hedge fund branding is increasing as institutional investors' presence within hedge funds' client bases is forcefully nudging even the most tight-lipped firms to open up and explain what they do.

December 09, 2013
Judge gives nod to CFTC-MF Global settlement

Judge gives nod to CFTC-MF Global settlement

A federal judge approved a settlement between the Commodity Futures Trading Commission and MF Global Inc. in which the futures broker will repay $1.2 billion to customers and other creditors who lost ...

November 18, 2013 | 01:56 pm
Obama names CFTC chairman nominee

Obama names CFTC chairman nominee

Timothy Massad, the Treasury Department official responsible for overseeing the U.S. rescue of banks and automakers after the credit crisis, will be nominated to head the Commodity...

November 12, 2013 | 04:55 pm
No way to target instability

No way to target instability

The Office of Financial Research study on “Asset Management and Financial Stability,” released Sept. 30, has generated a firestorm of protest from the money management community. The...

November 11, 2013
Corporate pension execs wary of derisking fallout

Corporate pension execs wary of derisking fallout

Corporate executives are bracing for regulatory judgment calls on how they handle derisking through lump-sum payments and annuity purchases, lobbyists say.

November 11, 2013

With collateral a prized resource, margin analysis a key capacity

It has been more than three years since the G-20 made mandatory clearing of over-the-counter derivatives a priority. Implementation of clearing mandates has been arduous, but this year has marked a...

November 11, 2013
Labor Department's advisory panel drops push for derisking rules

Labor Department's advisory panel drops push for derisking rules

The ERISA Advisory Council recommended that the Labor Department consider ways to deliver guidance on pension derisking through lump sums and annuities.

November 05, 2013 | 04:03 pm
DC West conference attendees hear of politics, simplicity

DC West conference attendees hear of politics, simplicity

Politics and public policy permeated P&I's West Coast Defined Contribution Conference.

October 30, 2013 | 05:47 pm
Report gives money managers pause

Report gives money managers pause

Money managers are nervously watching to see whether a Financial Stability Oversight Council report sets the stage for further scrutiny and regulation.

October 28, 2013
IRS announcement of 401(k) plan maximum contribution for 2014 expected Oct. 30

IRS announcement of 401(k) plan maximum contribution for 2014 expected Oct. 30

An Internal Revenue Service announcement on the maximum contribution that can be made to 401(k) plans, which was delayed by the 16-day partial government shutdown, is expected next week.

October 23, 2013 | 02:12 pm

Fed ends BNY Mellon cease-and-desist order for misstating collateral

The Federal Reserve on Tuesday terminated a cease-and-desist order issued last year against Bank of New York Mellon for misstating the collateral it pledged to a government lending program in 2008.

October 22, 2013 | 02:52 pm

AlphaMetrix ordered to repay managers on its managed account platform

The National Futures Association ordered AlphaMetrix Group to pay $600,000 of management and incentive fees owed to some of the 90 managed futures funds, commodity trading advisers and hedge funds on ...

October 22, 2013 | 04:03 pm

Hedge fund firms pay regulatory bill of $3 billion, survey says

The hedge fund industry has spent more than $3 billion to comply with new regulatory requirements, with large hedge fund managers spending an average of $14 million on compliance, according to a...

October 17, 2013 | 04:04 pm