You would be forgiven for thinking that with the intergovernmental agreements associated with FATCA signed and the reporting underway, the private equity industry could move on. Unfortunately, life...
June 23, 2016 | 04:00 pm
A vote in the U.S. House of Representatives late Wednesday to block the Department of Labor’s new fiduciary rule fell short.
June 23, 2016 | 01:38 pm
The Financial Stability Board has published proposals to address structural vulnerabilities in money management activities, setting out 14 policy recommendations.
June 22, 2016 | 11:48 am
Bipartisan legislation to help find lost or forgotten retirement savings accounts was introduced Tuesday by Sens. Elizabeth Warren, D-Mass., and Steve Daines, R-Mont. The proposed Retirement Savings...
June 21, 2016 | 03:52 pm
Edmund F. Murphy III, president of Empower Retirement, said Monday that regulators are exerting more influence than ever and firms must work together to ensure they can shape the policies coming out...
June 20, 2016 | 04:02 pm
The Financial Stability Oversight Council is appealing a recent U.S. District Court decision overturning its designation of MetLife as a non-bank systemically important financial institution, arguing ...
June 17, 2016 | 03:22 pm
CME Group was approved by the European Securities and Markets Authority as a recognized central counterparty, the first U.S. derivatives venue to receive that status.
June 16, 2016 | 12:19 pm
The Council of Institutional Investors sent letters to congressional leaders opposing separate legislation that would tighten regulation of proxy-voting advisory firms and require the Securities and...
June 14, 2016 | 04:31 pm
Blackstone Group's Hamilton “Tony” James made the case for a guaranteed retirement account to address the current retirement savings crisis.
June 13, 2016 | 06:21 pm
Thomas R. Harkin, retired U.S. senator and senior adviser at Harkin Institute for Public Policy and Citizen Engagement, said the next president and Congress would be remiss if they did not address...
June 13, 2016 | 10:29 am
Robert W. Cook was named president and CEO of the Financial Industry Regulatory Authority, effective sometime in the second half of 2016.
June 13, 2016 | 12:11 pm
Rock-solid support from pension fund boards of trustees, investment committees or whatever entity holds fiduciary responsibility is absolutely essential for internal investment management.
June 13, 2016
The U.K. pension fund industry is coming under increased scrutiny by politicians and regulators with two recent cases of employers struggling to reconcile corporate considerations with defined...
June 13, 2016
It was in 2010 that the Department of Labor first proposed regulation to amend its 1975 five-part test for identifying who is a fiduciary to qualified retirement plans, participants and beneficiaries.
June 13, 2016
President Barack Obama vetoed Wednesday afternoon a resolution to kill the Department of Labor fiduciary rule, which was approved by the House in April and the Senate in May.