Exchanges are challenging the SEC on a transaction fee pilot program and recent fee rulings, but the agency is undeterred.
Deer Park Road Management will pay a $5 million penalty to settle charges of compliance deficiencies related to valuation of fund assets.
The U.K. Financial Conduct Authority introduced disclosure requirements for money managers and insurers about their engagement practices.
A report found that few pension fund managers publicly state voting policies and guidelines on climate change, gender and ethnic diversity.
Puerto Rico's oversight board is asking officials to investigate local employers for failing to transfer payments to workers DC accounts.
The Department of Labor intends to revisit the fiduciary rule, with a possible December release date for notice of new rule-making.
The SEC said stock exchanges will have to provide more details before being allowed to raise fees or offer discounts to some traders.
The U.K.'s FCA endorsed the Cost Transparency Initiative's templates, which are designed to help standardize disclosure of investment fees.
The impact of short-term quarterly reporting rules on capital markets will be discussed this summer at an SEC staff roundtable.
Preserving choice for retail investors while protecting their interests are two of the main objectives of the SEC's standards-of-conduct package.
MiFID II has left active managers in a sweet spot by elevating the value of their in-house small- and midcap research, sources said.
A court granted Puerto Rico's federally appointed oversight board two more months to have its authority endorsed by the U.S. Senate.
Adam S. Aderton was named co-chief of the Securities and Exchange Commission enforcement division's asset management unit.
Puerto Rico's oversight board wants employers to make overdue retirement contributions and seeks to recover $1 billion from bondholders.
The DOL posted a large increase in enforcement actions in 2018, but has been far less active in providing guidance on hot-button issues.
Association of the Luxembourg Fund Industry called European regulation changes to facilitate cross-border fund distribution "restrictive."
The U.K.'s CMA recommended that the largest audit firms split their audit businesses from their consulting services.
Aon Hewitt Investment Consulting said the SEC has ended an investigation into its marketing materials without bringing enforcement action.
Federal regulators, including the SEC, will be required to submit more rules for White House and congressional approval under guidelines.
A Senate panel called for more scrutiny into the use of ESG principles by institutional investors, fund managers and proxy advisory firms.
The SEC should incorporate human-capital management into its corporate reporting and disclosure regime, an agency subcommittee says.
The SEC will investigate whether consolidation and other asset management trends pose a threat to investors by reducing competition.
Financial trade groups urge changes to a proposed rule that would set a new method for calculating the exposure amount of derivatives.
New European Shareholder Rights Directive II will lead to more active ownership among investors in Europe, sources said.
Stakeholders told a House subcommittee the SEC's standards-of-conduct proposal needs work before a final rule is issued later this year.