Capital Group outlines a comprehensive way of evaluating target date funds to help satisfy DOL guidelines, while supporting participants' retirement savings efforts. Learn about the key factors in...
April 06, 2015 | 04:46 pm
Executives at money managers and other financial firms — bracing for new fiduciary standards from both the DOL and SEC — are feeling increasingly double-teamed by the agencies.
April 06, 2015
Today, many financial institution executives and foreign governments might soon start feeling much the same way about the rising tide of FATCA — the U.S. Foreign Account Tax Compliance Act...
April 06, 2015
The Treasury Department and the IRS on Thursday announced new guidance to defined contribution plans offering auto-enrollment features that will make it easier for the plans “to easily correct...
April 02, 2015 | 03:33 pm
Patriarch Partners and CEO Lynn Tilton are fighting back against charges announced by the SEC on Monday involving three of the private equity firm's funds.
April 01, 2015 | 01:03 pm
The equity market structure with more than 70 venues for trading and 35% of trades done in dark pools represents a major regulatory challenge for the Securities and Exchange Commission, Mary Schapiro,...
March 31, 2015 | 02:26 pm
J.P. Morgan Chase executives have been deposed and thousands of pages of internal documents subpoenaed as part of a U.S. investigation into the bank's asset management unit, according to people...
March 31, 2015 | 03:58 pm
Nine large public pension funds asked the SEC on Tuesday to require companies to disclose more about their boards’ diversity.
March 31, 2015 | 03:32 pm
The number of securities class actions alleging accounting violations increased in 2014, spurred by increased SEC enforcement and more cases involving corporate restatements, according to a new report.
March 31, 2015 | 12:01 am
The SEC on Monday charged Patriarch Partners and CEO Lynn Tilton with improper asset valuation and failure to disclose poor performance of loan assets in three collateralized loan obligation funds...
March 30, 2015 | 02:26 pm
The House adopted a fiscal year 2016 budget Wednesday that calls for higher retirement contributions from federal workers and a lower rate of return for the Thrift Savings Plan's G Fund.
March 26, 2015 | 03:50 pm
Billionaire Leon Cooperman, founder of hedge fund Omega Advisors, told clients that his firm has been subpoenaed by the U.S. Attorney’s Office in New Jersey and the Securities and Exchange...
March 26, 2015 | 03:08 pm
Members of the Senate Banking, Housing and Urban Affairs Committee pressed for more transparency at the Financial Stability Oversight Council during a hearing Wednesday.
March 25, 2015 | 03:59 pm
High-frequency and other proprietary traders will be overseen by the Financial Industry Regulatory Authority under a proposed rule announced by the Securities and Exchange Commission on Wednesday.
March 25, 2015 | 02:33 pm
A number of large, global money managers are at risk of increased costs and competitive disadvantage if current proposals by global regulators to categorize them as systemically important financial...