Regulation
Mature hedge fund industry demands institutional governance and regulation
The hedge fund industry is growing up fast. As the industry completes the transformation into an institutional community, industry leaders must advocate for best practices.
May 22, 2012 | 12:01 am
EBSA's FAQs offer fee-disclosure compliance guidance
EBSA on Mondayissued a set of “frequently asked questions” with guidance for plan executives and providers to comply with fee-disclosure regulations.
May 07, 2012 | 03:51 pm
Comment letters back lifetime annuity proposals
Plan executives and service providers are expected to support proposed regulations on lifetime annuities when the IRS holds a public hearing on June 1 in Washington.
May 03, 2012 | 03:06 pm
Wells Fargo: Slight effects foreseen from fee disclosure rules
New federal fee-disclosure regulations will have a modest positive effect on participants' behavior and little effect on executives' management of plans, according to a survey of defined contribution ...
April 19, 2012 | 02:42 pm
Regulators OK $8 billion threshold for swaps dealers
The SEC and CFTC on Wednesday both defined which companies will face new oversight in the $708 trillion global swaps market.
April 18, 2012 | 04:02 pm
ICI sues CFTC on behalf of the mutual fund industry
ICI up in arms over amendment to rule that exempted mutual funds from having to register with the CFTC as commodity pool operators.
April 18, 2012 | 09:28 am
BNY Mellon fined $6 million for error in Fed lending program
Bank of New York Mellon was fined $6 million by the Federal Reserve Board for misstating the collateral it pledged to a government lending program in 2008.
April 16, 2012 | 03:35 pm
Commodities mutual funds come under fire
The CFTC is cracking down on mutual funds that invest heavily in oil, natural gas and other commodities — and it could lead to higher costs for investors.
April 16, 2012
SEC commissioners open door to review of former SSgA execs' case
SEC commissioners have denied a motion by former State Street Global Advisors executives John P. Flannery and James D. Hopkins asking them to affirm an administrative law judge's initial decision in...
April 02, 2012 | 04:22 pm
SEC gains agreements for closer watch of Cayman Islands firms
Hedge funds, money management firms and investment advisers based in the Cayman Islands will have greater oversight from regulators under two cooperation agreements announced by the SEC on Friday.
March 23, 2012 | 02:31 pm
Authorities eyeing ETFs, but big changes not likely
The growing world of exchange-traded funds is coming under increasing scrutiny of U.S. authorities, and some changes are expected in Europe.
March 05, 2012
More stringent reporting sought following MF Global losses
The futures industry is recommending more rigorous reporting and internal controls for brokerages, as $1.6 billion of customer money is still unaccounted for after the bankruptcy of MF Global...
February 29, 2012 | 11:39 am
DC industry relieved over fee disclosure rules
New federal regulations on fee disclosure from defined contribution providers to sponsors should provide more relief than grief, industry executives say.
February 27, 2012 | 12:01 am
Bill to end carried interest deduction introduced in House
Legislation to end the carried interest deduction for private equity general partners, requiring them to pay ordinary income tax rates up to 35%, was introduced in the House Tuesday.
February 14, 2012 | 05:42 pm
CalPERS' CIO blasts private equity tax break
Joe Dear, CalPERS chief investment officer, called “indefensible” the tax rate paid by private equity managers on much of their income — less than half that for ordinary wage earners.