The U.S. Supreme Court agreed Friday to take several cases challenging whether church-affiliated defined benefit plan sponsors must be covered by the Employee Retirement Income Security Act.
December 02, 2016 | 04:07 pm
President-elect Donald J. Trump formed a team called the President's Strategic and Policy Forum composed of money managers and corporate heads to offer their views on the intersection of public...
December 02, 2016 | 03:45 pm
U.S. Rep. Virginia Foxx, R-N.C., was elected chairwoman of the House Committee on Education and the Workforce Committee, the House Republican Steering Committee announced Friday.
December 02, 2016 | 02:24 pm
PIMCO will pay $20 million and hire an outside compliance consultant to settle charges that it misrepresented the performance of its Total Return ETF, the Securities and Exchange Commission said...
December 01, 2016 | 05:26 pm
The SEC said a federal appellate court should consider an appeal of a lower-court ruling in a suit filed by investors, including three pension funds, that claimed exchanges favor high-frequency...
December 01, 2016 | 03:27 pm
President-elect Donald J. Trump nominated Steven Mnuchin for treasury secretary and Wilbur Ross for commerce secretary.
November 30, 2016 | 11:58 am
The SEC's Equity Market Structure Advisory Committee will operate for an additional six months beyond its original end date of February 2017, the Securities and Exchange Commission announced Tuesday.
November 29, 2016 | 11:05 am
Despite its intended goal of improving retirement security, the Pension Protection Act of 2006 led to fewer defined benefit pension plans and inadequate coverage from defined contribution accounts,...
November 28, 2016 | 03:34 pm
A second U.S. District Court refused on Monday to grant a temporary injunction against the Department of Labor’s new fiduciary rule, which becomes effective April 10.
November 28, 2016 | 04:06 pm
President-elect Donald J. Trump's campaign pledge to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act might have struck a chord among voters, but the politics of repealing or...
November 28, 2016
The likeliest vehicle for starting the reform conversation is the proposed Financial Choice Act bill introduced in June by House Financial Services Committee Chairman Jeb Hensarling, R-Texas.
November 28, 2016 | 12:01 am
Some in the institutional investment community might have a meltdown over prospects of the Trump administration dismantling the Dodd-Frank Wall Street Reform and Consumer Protection Act, but they...
November 28, 2016
Many company 401(k) retirement savings plans could use a swift kick into the 21st century, according to a new report from the U.S. Government Accountability Office.
November 23, 2016 | 09:29 am
Stephen Luparello, director of the SEC's division of trading and markets, will leave the agency by Dec. 31.
November 22, 2016 | 11:13 am
The Commodity Futures Trading Commission received $1.29 billion in penalties from 68 enforcement actions made in the 12 months ended June 30, the agency's fiscal year, the CFTC announced Monday.