Speakers at P&I's East Coast Defined Contribution Conference discussed different strategies to bolster retirement security, but were reminded of the uncertainty in Washington that could affect ...
March 24, 2017 | 12:01 am
In a confirmation hearing before the Senate Banking Committee Thursday, Jay Clayton, SEC chairman nominee, said he does not have “specific plans for attacking a particular provision” of...
March 23, 2017 | 03:19 pm
In a confirmation hearing before the Senate Health, Education, Labor and Pensions Committee on Wednesday, Secretary of Labor Nominee R. Alexander Acosta said if confirmed he would support President...
March 22, 2017 | 03:50 pm
A group of more than 100 investors and investor organizations representing $3 trillion in total assets is urging the Securities and Exchange Commission not to delay a rule requiring disclosure of a...
March 22, 2017 | 12:34 pm
The SEC on Wednesday approved reducing the standard settlement cycle for most broker-dealer securities transactions by one day, to two business days.
March 22, 2017 | 01:52 pm
Opponents of the Department of Labor's fiduciary rule were dealt another blow Monday when a federal judge in Dallas denied their latest effort to halt its implementation.
March 21, 2017 | 03:42 pm
Pension Benefit Guaranty Corp.'s dire financial condition has officials predicting painful cuts for more than 1 million multiemployer plan participants projected to need its help.
March 20, 2017
The Department of Labor's secure choice rule undermines ERISA protections for participants in those plans, which are aimed at the approximately 55 million private-sector employees without access to a ...
March 20, 2017
Recently, plan sponsors have come under increased legal scrutiny as the threat of litigation has become more prevalent across the industry.
March 20, 2017
The Department of Labor’s proposed 60-day delay of the fiduciary rule’s implementation garnered 565 comments from people pushing for and against the delay.
March 17, 2017 | 02:51 pm
President Donald Trump has promised to reduce regulation and weaken the U.S. dollar, leaving some to question what the impact will be on direct lending in the U.S.
March 16, 2017 | 12:01 am
Early reviews of the SEC's small-cap equity tick-size pilot program have been generally negative in regard to its impact on trading costs and investment returns.
March 15, 2017 | 12:01 am
A nearly unanimous Federal Open Market Committee agreed Wednesday to increase the federal funds rate by 25 basis points to a 0.75% to 1% range, echoing a move made in December that also raised rates...
March 15, 2017 | 02:29 pm
Western States Office & Professional Employees Pension Fund, Portland, Ore., is seeking permission to cut benefits for participants, including retirees, as part of a proposed rescue plan awaiting...
March 15, 2017 | 02:45 pm
President Donald Trump will nominate J. Christopher Giancarlo as chairman of the Commodity Futures Trading Commission and James Donovan as deputy treasury secretary.