Washington

CFTC tweaks proposed automated trading rules with call for algorithm disclosure

CFTC tweaks proposed automated trading rules with call for algorithm disclosure

The Commodities Futures Trading Commission agreed Friday to supplement proposed rules on automated trading with additional changes, including a controversial requirement that money managers disclose...

November 04, 2016 | 03:13 pm
Treasury denies Iron Workers Local 16 bid to reduce pension benefits

Treasury denies Iron Workers Local 16 bid to reduce pension benefits

Iron Workers Local 16 Pension Fund, Towson, Md., was denied permission by the Treasury Department to cut benefits for participants, including retirees, as part of a proposed rescue plan.

November 04, 2016 | 03:26 pm

Fed holds steady as December rate hike seen as likely

The case for raising interest rates continues to strengthen, but members of the Federal Open Market Committee decided Wednesday to wait “for further evidence,” they said in a brief...

November 02, 2016 | 03:26 pm
Some bond managers uneasy as debate over bubble rages

Some bond managers uneasy as debate over bubble rages

The state of the fixed-income market has money management executives split, with some warning that bonds are in bubble territory and others thinking there is less need for concern.

October 31, 2016
Firms await result of Bridgewater confidentiality beef

Firms await result of Bridgewater confidentiality beef

Hedge fund and private equity firms are watching and waiting for resolution of a complaint filed by the National Labor Relations Board against Bridgewater Associates LP alleging some confidentiality...

October 31, 2016

New climate disclosure would add no value for investors

With only a few months left in office, President Barack Obama's administration seeks to step up climate change disclosure, raising implications for corporations and asset owners. National Economic...

October 31, 2016
Few changes for IRS limits on retirement accounts; PBGC raises single-employer limits

Few changes for IRS limits on retirement accounts; PBGC raises single-employer limits

Contribution limits for most retirement savings accounts, including 401(k) and individual retirement accounts, will not change in 2017, the IRS announced Thursday as part of its annual cost-of-living ...

October 28, 2016 | 03:52 pm
DOL issues first of three FAQs on new fiduciary standard

DOL issues first of three FAQs on new fiduciary standard

The Department of Labor published the first of several FAQs to help people prepare for its upcoming conflict-of-interest rule that goes into effect on April 10.

October 27, 2016 | 03:43 pm
SEC proposes rule change for universal proxy-voting cards

SEC proposes rule change for universal proxy-voting cards

The Securities and Exchange Commission on Wednesday proposed rule changes to require so-called universal proxy-voting cards that would include the names of all management and dissident nominees to...

October 26, 2016 | 04:19 pm
DOL expects to issue final rule on city retirement programs by year-end

DOL expects to issue final rule on city retirement programs by year-end

The Labor Department expects to issue a final rule governing city retirement programs by the end of the year, according to Phyllis Borzi, assistant secretary of labor at the department's Employee...

October 26, 2016 | 03:43 pm

Automotive Industries Pension Plan becomes latest multiemployer plan to seek benefit cuts

Automotive Industries Pension Plan is seeking permission to cut benefits for participants, including retirees, as part of a proposed rescue plan awaiting approval from the Treasury Department.

October 25, 2016 | 12:32 pm
DC West keynote: Congress likely to take reins on retirement issues, not next president

DC West keynote: Congress likely to take reins on retirement issues, not next president

Retirement policy discussion in early 2017 will likely largely be driven by the U.S. Congress rather than the new president, said Michael P. Kreps of Groom Law Group at Pensions &...

October 24, 2016 | 03:33 pm
Calvert settles valuation, disclosure issues that are agency priorities in 2017, SEC officials say

Calvert settles valuation, disclosure issues that are agency priorities in 2017, SEC officials say

Calvert Investment Management agreed to settle charges announced by the Securities and Exchange Commission that it improperly valued a bond holding and did not correctly disclose its remediation...

October 18, 2016 | 03:31 pm

Trump adviser Anthony Scaramucci promises to 'repeal' DOL fiduciary rule

One of Donald J. Trump's top Wall Street supporters — and a recently named adviser to the campaign — promises that the Republican presidential nominee will rip up a Labor Department...

October 18, 2016 | 05:50 pm