Regulation

Senate Democrats call for investigation of SEC's Piwowar

Regulation

Regulation

Six senators asked the SEC's inspector general to investigate whether outgoing commissioner Michael Piwowar might have abused his position.
Labor Department partners with 2 life insurance companies on abandoned plans

Washington

Washington

The Labor Department will work with MetLife and Brighthouse Life in its campaign to get plan sponsors to find missing participants.
SEC should revisit stock buyback limits, commissioner says

Regulation

Regulation

Stock buybacks are growing to the point where the SEC should protect investors by revisiting outdated rules governing them.
Money managers face diverging international regulatory standards – KPMG

Money Management

Money Management

Money managers need to deal with a breaking down of consensus when it comes to worldwide regulatory standards, warns KPMG.
Croce joins P&I as Washington reporter

WASHINGTON

WASHINGTON

Brian Croce has joined Pensions & Investments as a reporter in the newspaper's Washington office.
Italy perceived as trouble — but not by all
Money managers are watching the political drama in Italy, with some seeing investment opportunity.
Lessons to heed from Down Under

EDITORIAL

EDITORIAL

Australia's superannuation system has been found to have serious flaws that should serve as a warning to other government entities designing retirement systems.
Colorado offers an answer on funding for public plans

Letter to the Editor

Letter to the Editor

A "guardrail" built into reform legislation of the Colorado Public Employees' Retirement Association should prevent future funding lapses.
Colleges get tax reprieve in push to value endowment assets

ENDOWMENTS AND FOUNDATIONS

ENDOWMENTS AND FOUNDATIONS

Colleges facing the new endowment tax won't be taxed on unrealized income from their billions of dollars in assets before the levy was approved.
Pension fund investors on the hook for Thames Water fines

Regulation

Regulation

Pension fund shareholders in U.K. utility company Thames Water will foot the bill after the company was fined by a U.K. water regulator.
Europe moving ahead on standardizing sustainable investing

ESG

ESG

Sustainable and low-carbon investment-strategy attributes will soon be standardized, according to a European Commission executive.
Funds, managers give big thumbs-up to trading fee rebate pilot study

REGULATION

REGULATION

Pension funds, money managers show strong support for SEC's proposed maker-taker pilot.
Hurry up and kill the DOL fiduciary rule already, insurance groups tell 5th Circuit

Regulation

Regulation

Two insurance industry trade associations asked a federal court Wednesday to hurry up and kill the Labor Department's fiduciary duty rule.
SEC greenlights investment funds to go paperless

REGULATION

REGULATION

The SEC adopted a rule that will allow investment funds to post shareholder reports and other required materials online beginning in 2021.
SEC becomes last agency to amend Volcker rule, opening a comment period

Regulations

Regulations

The Securities and Exchange Commission agreed Tuesday to amend the Volcker rule, becoming the last agency to endorse the changes.