Regulation
Buzz on advertising rising as regs near
An 80-year-old tradition of silence among issuers of private offerings is coming to an end, as SEC officials finish rules lifting a ban against solicitation and general advertising during periods of...
May 13, 2013
Yale professor: Regulation to blame for loss of integrity on Wall Street
Jonathan R. Macey, a Yale University academic, in a provocative, well-written and compact new book wonders what happened to reputational capital, which once played a vital role in “fostering...
May 13, 2013
EBSA wants you ... to comment on rules
The EBSA is seeking input for possible regulations on lifetime-income statements for defined contribution plan participants.
May 13, 2013
Simpler version of the Volcker Rule needed, CFTC commissioner says
Federal regulators should quickly adopt a simpler version of the Volcker Rule, said CFTC Commissioner Bart Chilton.
April 29, 2013 | 05:59 pm
Fee-disclosure rule spurring searches for DC record keepers
Thanks to federal fee-disclosure regulations that took effect last July, more defined contribution plans have been searching for record keepers — even though many ultimately will stay put.
April 29, 2013
SEC chairwoman pushing to allow hedge fund advertising — sources
SEC chairwoman Mary Jo White is pushing to adopt a rule allowing hedge funds to advertise in a move consumer advocates say could fail to protect unsophisticated investors, according to two people...
April 26, 2013 | 03:25 pm
401(k) rollover study triggers call for action
A new Government Accountability Office report highlighting the pitfalls of rolling over 401(k) plan accounts is sparking demand for clearer procedures and stronger consumer protections from companies ...
April 15, 2013
Solvency II directive has European DB plans seeing red
Opposition is intensifying against a European Commission proposal to apply to defined benefit funds Solvency II, a set of regulations originally targeting insurance companies, as the initiative moved ...
April 15, 2013
Fees could drive DC plans to adopt ETFs
Exchange-traded funds have a way to go before they become a mainstay on 401(k) menus, but greater awareness of fees is encouraging plan sponsors to consider them.
April 01, 2013 | 10:30 am
Companies continue to feel PBGC's heat
Representatives of corporate pension plan sponsors say they have yet to see the kindler, gentler PBGC — at least when it comes to a section of ERISA that gives the agency the power to put its...
March 18, 2013
SEC makes strides to strengthen oversight
Hedge fund and private equity managers can expect increased attention from the Securities and Exchange Commission, as the agency builds staff expertise in both asset classes and the regulator takes...
March 18, 2013
401(k)s may be sitting ducks
The 408(b)(2) fee disclosure regulation requires 401(k) service providers to fully disclose in an understandable manner their fees and any potential conflicts of interest that may affect their...
March 18, 2013
New headache looms for private equity, hedge fund firms
A federal tax law aimed at preventing Americans from hiding their assets overseas will soon be a major compliance challenge — some say headache — for private equity and hedge fund managers.
March 04, 2013
Closed pension plans face non-discrimination peril
Employers that thought closing their defined benefit plans to new employees would simplify their pension decisions could be in for a rude surprise as they increasingly risk flunking non-...
February 18, 2013
SEC proposes BNY Mellon pay $23 million cross-trading settlement
The SEC issued a proposed plan for distributing $23 million to some institutional clients of BNY Mellon Securities harmed by cross trades that favored some hedge fund customers.
