Some of the country’s largest hedge funds are being investigated by the SEC as part of an insider-trading probe.
July 17, 2014 | 05:41 pm
Much-anticipated reforms for money market funds from the Securities and Exchange Commission will be decided at an open meeting July 23 in Washington.
July 17, 2014 | 02:59 pm
A group of Ohio legislators is pushing the Pension Benefit Guaranty Corp. to determine the pension benefits for 20,000 former employees of Delphi Corp. after a five-year wait.
July 16, 2014 | 04:11 pm
More generous pension funding calculations for defined benefit plans were approved Tuesday by the House, 367-55, as part of legislation extending the Highway Trust Fund.
July 15, 2014 | 05:39 pm
Federal Reserve Chairwoman Janet Yellen told a Senate committee Tuesday that “the economy is making progress, and eventually, if we continue, the day will come when I think it will be...
July 15, 2014 | 02:45 pm
Joshua Gotbaum will resign in August as director of the Pension Benefit Guaranty Corp. In a letter sent to PBGC colleagues Friday, Mr. Gotbaum said that with three children in college, he promised...
July 11, 2014 | 02:06 pm
The Senate Finance Committee called for pension funding stabilization, or smoothing, as part of a funding package for the Highway Trust Fund approved Thursday.
July 10, 2014 | 03:54 pm
Credit Suisse is asking for its sentencing in a tax evasion case to be moved to at least Nov. 1 to give the U.S. Department of Labor enough time to decide whether to grant the bank a waiver to...
July 09, 2014 | 04:21 pm
The Federal Open Market Committee's bond-buying program is likely to end after its October meeting, said minutes released Wednesday of the group's June meeting.
July 09, 2014 | 04:07 pm
The House Ways and Means Committee late Tuesday proposed pension smoothing as part of a funding package for the Highway Trust Fund, which is projected to run out of money within weeks.
July 09, 2014 | 02:23 pm
Pension Benefit Guaranty Corp. declared a six-month moratorium Tuesday on a program that required employers to guarantee more pension assets in the event of major operational changes.
July 08, 2014 | 03:45 pm
Federal pension regulators could do more to improve the reporting of investment and fee information on Form 5500, the Government Accountability Office said in a report issued Monday.
July 07, 2014 | 04:40 pm
Money managers and asset owners are wrestling with how to help employees manage their investments to provide adequate retirement income in a defined-contribution-dominated world, said speakers at...
July 07, 2014
The Center for Financial Stability and the FBI are joining forces to help executives at money management firms and asset owners assess the risk of cyberattacks.