CalPERS and the Ontario Teachers' Pension Plan are among asset owners that supported the SEC's proposed transaction fee pilot program.
Although Financial Engines has agreed to be acquired by Hellman & Friedman, four other suitors bid for the provider of managed accounts.
McKesson Corp. will terminate its U.S. pension plan, the company disclosed in its 10-K filing with the SEC.
The SEC proposed rules that would make it easier for brokers or dealers to publish research on mutual funds, ETFs and business development companies.
Three states trying to save the Labor Department's fiduciary rule are appealing a decision by a federal court to deny their attempt to intervene in the case.
New information provided in the amended Form ADV will provide investors valuable insight into their managers' businesses.
Chattanooga Fire and Police Pension Fund to file whistleblower complaint with the SEC and CFTC against Wells Fargo, alleging potential fraud and overcharging.
The co-founder of Premium Point Investments, a portfolio manager at the hedge fund and a trader were charged with inflating the value of securities.
Visium Asset Management will pay more than $10 million to settle a U.S. regulator's allegations that it illegally profited from former traders' misconduct.
Michael S. Piwowar, a Republican member of the Securities and Exchange Commission, announced he will resign.
The Supreme Court heard arguments in a case challenging the SEC's use of in-house administrative judges that also has broader implications.
Investor fiduciaries need to re-evaluate existing policies and processes to ensure their proxy analyses and votes fully satisfy their fiduciary obligations.
Fund managers and investment advisers should pay closer attention to fee and expense practices, and disclosure to clients, the SEC said.
The SEC's Jay Clayton praised assistance from industry participants in developing the access fee and other pilot proposals.
In just one week, the SEC showed just how much things have changed under Chairman Jay Clayton — and how much they've stayed the same.