Washington

Apollo to pay $52.7 million to settle SEC charges on accelerated monitoring fees

Apollo to pay $52.7 million to settle SEC charges on accelerated monitoring fees

Apollo Global Management agreed to pay $52.7 million to settle Securities and Exchange Commission charges that some of its private equity funds misled fund investors about fees and a loan agreement,...

August 23, 2016 | 03:49 pm
Investors prepare for market reform

Investors prepare for market reform

In anticipation of new SEC rules regarding money market funds set to go into effect in October, investor exposure to prime funds has declined by approximately $338 billion.

August 23, 2016 | 01:53 pm
Fed wants more information on labor, economic developments before rate increase

Fed wants more information on labor, economic developments before rate increase

Members of the Federal Open Market Committee agreed last month it was “prudent” to gather more information on labor and economic developments ahead of any future rate increases.

August 17, 2016 | 03:46 pm
Och-Ziff bribery talks to spare firm as unit convicted

Och-Ziff bribery talks to spare firm as unit convicted

Och-Ziff Capital Management Group's main business will probably avoid conviction in a U.S. bribery probe by having an overseas unit plead guilty.

August 17, 2016 | 12:41 pm
Teamsters, Bricklayers funds eye multiemployer benefit cuts

Teamsters, Bricklayers funds eye multiemployer benefit cuts

New York State Teamsters Conference Pension and Retirement Fund is expected to file an application on Aug. 25 to reduce benefits under the Multiemployer Pension Reform Act of 2014, according to a...

August 12, 2016 | 03:29 pm

SEC names co-director of investment exam office

Kristin Snyder was named co-national associate director of the investment adviser/investment company examination program in the SEC's office of compliance inspections and examinations.

August 10, 2016 | 02:50 pm
Appeals court upholds constitutionality of SEC in-house courts

Appeals court upholds constitutionality of SEC in-house courts

The U.S. Court of Appeals in Washington for the first time upheld the Securities and Exchange Commission's in-house courts on constitutional grounds.

August 09, 2016 | 04:04 pm
GOP, Dems not eye to eye on retirement, tax issues

GOP, Dems not eye to eye on retirement, tax issues

Like the candidates themselves, the political platforms adopted at the Republican and Democratic conventions have little in common when it comes to retirement security and tax reform — two...

August 08, 2016
Videos: PPA at 10

Videos: PPA at 10

Hear from the law's authors and industry observers discussing: why the law was necessary; what the law actually achieved; and what remains to be done.

August 08, 2016
Unforeseen consequences  one legacy of the Pension Protection Act

Unforeseen consequences one legacy of the Pension Protection Act

Like many pension-related laws, the Pension Protection Act that passed a decade ago was designed to address a crisis.

August 08, 2016
PPA: A real boon for defined contribution

PPA: A real boon for defined contribution

Without the Pension Protection Act, retirement plan participants would be less equipped for retirement than they are today as the retirement industry makes the transition to defined contribution from ...

August 08, 2016
Graphic: DC dominance

Graphic: DC dominance

August 08, 2016 | 12:01 am

IRS issues new partnership audit rules

New rules governing how partnerships will be audited beginning in 2018 were issued Thursday by the IRS.

August 04, 2016 | 04:00 pm
PBGC has options to improve multiemployer funding — CBO report

PBGC has options to improve multiemployer funding — CBO report

The Pension Benefit Guaranty Corp. has some options for improving the financial condition of its strapped multiemployer program, the Congressional Budget Office said in a new report predicting the...

August 04, 2016 | 03:49 pm

Horizon NR replaces fiduciary to terminate employee savings plan

The Labor Department won court approval to remove the fiduciary of Horizon NR LLC Employee Savings Plan and Trust and terminate the plan.

July 28, 2016 | 01:37 pm