Washington

Working for a fair economy, fair deal

Working for a fair economy, fair deal

As nearly every American will tell you, retirement starts with a living wage and a stable pension. Eighty-two percent of Americans say a pension in general is worth having, according to the National...

July 18, 2016 | 12:09 pm
Trump VP pick raises legal questions for some Wall Street donors

Trump VP pick raises legal questions for some Wall Street donors

Donald Trump's selection of Mike Pence, the sitting Indiana governor, as vice presidential candidate may raise complex legal questions for Trump supporters who've managed money for the state's...

July 18, 2016 | 10:48 am

Bill introduced that would take PBGC premiums out of budget

Legislation that would take PBGC premiums out of the federal budget process was introduced in the Senate on Thursday, by Sen. Michael Enzi, R-Wyo.

July 14, 2016 | 03:58 pm
Congress gets universal workplace retirement bill

Congress gets universal workplace retirement bill

Legislation creating universal retirement accounts for American workers was introduced Wednesday by Rep. Joe Crowley, D-N.Y.

July 13, 2016 | 04:20 pm
SEC tweaks administrative proceedings, swaps reporting; more routing info and disclosure on deck

SEC tweaks administrative proceedings, swaps reporting; more routing info and disclosure on deck

The Securities and Exchange Commission on Wednesday changed some of the rules governing in-house enforcement proceedings to give parties more time and opportunities for depositions in some cases.

July 13, 2016 | 03:45 pm
Delta pilots case against PBGC advances

Delta pilots case against PBGC advances

A lawsuit brought by a group of former Delta Air Lines Inc. pilots against the Pension Benefit Guaranty Corp. can move forward, a U.S. District Court in Washington has ruled.

July 12, 2016 | 01:50 pm

DOL proposes changes to Form 5500

The U.S. Department of Labor is proposing changes to Form 5500 and asking for public comment, the Employee Benefits Security Administration announced Monday.

July 11, 2016 | 05:37 pm
Detroit, D.C. offer clues to the future of Puerto Rico's public pension funds

Detroit, D.C. offer clues to the future of Puerto Rico's public pension funds

As Puerto Rico's investors and residents brace for the start of its financial control board, those previously imposed on the District of Columbia and Detroit might offer some clues to the future. But ...

July 08, 2016 | 03:05 pm
SEC judge bars Aletheia founder from the industry

SEC judge bars Aletheia founder from the industry

An in-house judge for the Securities and Exchange Commission has permanently barred from the industry Peter Eichler Jr., Aletheia Research & Management's co-founder, CEO, chairman and chief...

July 08, 2016 | 04:21 pm
SEC administrative enforcement process could be revamped

SEC administrative enforcement process could be revamped

The Securities and Exchange Commission’s process for handling enforcement cases in-house could be modified, following a July 13 meeting.

July 08, 2016 | 03:32 pm
CFTC reaches too far on sweeping registration requirements and creation of a source code repository

CFTC reaches too far on sweeping registration requirements and creation of a source code repository

The CFTC's proposed Regulation AT, while issued in pursuit of a worthy goal, would upend the algorithmic strategies to trade commodity futures, options or swaps on U.S. designated contract markets.

July 07, 2016 | 12:14 pm
U.S. Treasury sees bond liquidity, but not as we know it

U.S. Treasury sees bond liquidity, but not as we know it

Debt investors can breathe a sigh of relief and stop fretting about liquidity in the market, according to the U.S. Treasury.

July 07, 2016 | 10:31 am
Fed members agree it's 'prudent to wait' before raising rates again

Fed members agree it's 'prudent to wait' before raising rates again

Prospects of a federal interest rate hike when the Federal Open Market Committee meets July 26-27 dimmed with the release of minutes from the June meeting on Wednesday.

July 06, 2016 | 03:13 pm
Puerto Rico restructuring bill approved by Senate

Puerto Rico restructuring bill approved by Senate

Legislation allowing Puerto Rico to restructure more than $70 billion in bondholder debt is on its way to the White House for President Barack Obama to sign, following Senate approval late Wednesday.

June 30, 2016 | 11:32 am
FSOC rescinds GE’s too-big-to-fail designation

FSOC rescinds GE’s too-big-to-fail designation

The Financial Stability Oversight Council voted to rescind its designation of General Electric Co. as a systemically important financial institution, the Treasury Department announced Wednesday.

June 29, 2016 | 11:28 am