Washington

SEC administrative enforcement process could be revamped

SEC administrative enforcement process could be revamped

The Securities and Exchange Commission’s process for handling enforcement cases in-house could be modified, following a July 13 meeting.

July 08, 2016 | 03:32 pm
CFTC reaches too far on sweeping registration requirements and creation of a source code repository

CFTC reaches too far on sweeping registration requirements and creation of a source code repository

The CFTC's proposed Regulation AT, while issued in pursuit of a worthy goal, would upend the algorithmic strategies to trade commodity futures, options or swaps on U.S. designated contract markets.

July 07, 2016 | 12:14 pm
U.S. Treasury sees bond liquidity, but not as we know it

U.S. Treasury sees bond liquidity, but not as we know it

Debt investors can breathe a sigh of relief and stop fretting about liquidity in the market, according to the U.S. Treasury.

July 07, 2016 | 10:31 am
Fed members agree it's 'prudent to wait' before raising rates again

Fed members agree it's 'prudent to wait' before raising rates again

Prospects of a federal interest rate hike when the Federal Open Market Committee meets July 26-27 dimmed with the release of minutes from the June meeting on Wednesday.

July 06, 2016 | 03:13 pm
Puerto Rico restructuring bill approved by Senate

Puerto Rico restructuring bill approved by Senate

Legislation allowing Puerto Rico to restructure more than $70 billion in bondholder debt is on its way to the White House for President Barack Obama to sign, following Senate approval late Wednesday.

June 30, 2016 | 11:32 am
FSOC rescinds GE’s too-big-to-fail designation

FSOC rescinds GE’s too-big-to-fail designation

The Financial Stability Oversight Council voted to rescind its designation of General Electric Co. as a systemically important financial institution, the Treasury Department announced Wednesday.

June 29, 2016 | 11:28 am
SEC proposes business continuity and transition planning rule

SEC proposes business continuity and transition planning rule

Investment advisers registered with the Securities and Exchange Commission would have to adopt and implement written business continuity and transition plans under a rule proposed Tuesday by the...

June 28, 2016 | 04:42 pm

SEC names new co-chief of enforcement in asset management unit

C. Dabney O’Riordan was named co-chief of the SEC enforcement division’s asset management unit, the Securities and Exchange Commission announced Tuesday.

June 28, 2016 | 04:13 pm
Department of Labor sues Triple T Transport fiduciary over ESOP valuation

Department of Labor sues Triple T Transport fiduciary over ESOP valuation

The Department of Labor sued the fiduciary of the Triple T Transport Inc. employee stock ownership plan for authorizing purchases of company stock that the DOL said were overvalued.

June 28, 2016 | 04:06 pm
LDI, bigger contributions likely for corporate DB plans

LDI, bigger contributions likely for corporate DB plans

Corporate defined benefit plan sponsors likely will step up allocations to liability-driven investing and raise pension contributions in coming months, according to pension strategists.

June 27, 2016
GFOR speakers urge action to fix savings shortfall

GFOR speakers urge action to fix savings shortfall

Too few Americans are adequately saving for retirement, speakers agreed at Pensions & Investments' third-annual Global Future of Retirement conference in Washington.

June 27, 2016
House Republicans' tax reform plan seeks new savings methods

House Republicans' tax reform plan seeks new savings methods

House Republicans released a tax reform plan on Friday that calls for exploring new ways to spur retirement and other types of savings. The Republican Tax Reform Task Force report also recommends a...

June 24, 2016 | 03:33 pm
For general partners, tax season didn't end in April

For general partners, tax season didn't end in April

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
Fiduciary rule survives House override vote

Fiduciary rule survives House override vote

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

Puerto Rico Catholic Schools participants sue over termination, church plan exemption

The Superintendence of Catholic Schools of the Archdioceses of San Juan is being sued by past and current participants in its pension plan for terminating the plan in violation of the Employee...

June 22, 2016 | 04:02 pm