Regulation

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

ERISA Industry Committee names new CEO

Annette Guarisco Fildes was named CEO of the ERISA Industry Committee Monday.

January 12, 2015 | 12:56 pm
FSOC officials still studying money managers

FSOC officials still studying money managers

Further regulation of money managers by the Financial Stability Oversight Council is not on the immediate horizon, current and former officials said Friday.

January 09, 2015 | 01:43 pm
Ontario requiring all DB funds to disclose ESG data

Ontario requiring all DB funds to disclose ESG data

A regulation enacted by the Ontario Parliament late last year will require trustees of all occupational defined benefit pension plans in the province to disclose whether environmental, social and...

January 09, 2015 | 10:13 am

Judge rejects motion to dismiss in Advocate church plan case

A church plan challenge filed against Advocate Health Care Network Pension Plan can proceed, a federal judge ruled Dec. 31.

January 05, 2015 | 04:05 pm

PBGC urged to listen more to constituents, take less adversarial stance

The Pension Benefit Guaranty Corp. needs to listen more to plan executives and participants instead of taking an adversarial approach, the agency’s participant and plan sponsor advocate said in ...

December 31, 2014 | 02:42 pm
IRS hybrid plan transition rules criticized

IRS hybrid plan transition rules criticized

Sponsors of cash balance plans and other hybrid retirement plans welcomed final rules in September from the IRS but are now criticizing the agency’s proposed transition rules on market rates of ...

December 30, 2014 | 03:13 pm
Comerica picked as custodian for Treasury's myRA retirement program

Comerica picked as custodian for Treasury's myRA retirement program

Comerica was picked to help manage a retirement savings program President Barack Obama announced earlier this year in an effort to help Americans who don't have 401(k) plans.

December 23, 2014 | 02:09 pm
Comerica chosen as myRA custodian

Comerica chosen as myRA custodian

Comerica will serve as custodian for the Treasury Department’s upcoming “myRA” retirement savings bond program, which is being rolled out in phases.

December 23, 2014 | 04:00 pm