Maryland CIO lands on right balance for asset allocation
June 20, 2022 12:00:00 AMA diversified asset allocation is Maryland State Retirement's primary risk management tool.
SEC seeks comment on activities of 'information providers'
June 16, 2022 03:20:20 PMThe SEC is seeking feedback on whether certain "information providers" are really acting as "investment advisers."
Energy Capital Partners settles SEC charges over undisclosed expenses
June 15, 2022 01:48:29 PMEnergy Capital Partners agreed to settle SEC charges that it allocated undisclosed, disproportionate expenses to a private equity fund.
Senate committee debates bill to curb money managers' voting influence
June 14, 2022 03:02:21 PMThe Senate Banking Committee debated a bill that would require large passive managers to vote proxies from individual investors' instructions.
Senate confirms 4 nominees to Federal Thrift board
June 09, 2022 06:08:01 PMThe Senate confirmed four nominees to the Federal Retirement Thrift Investment Board via voice votes.
South Carolina steers $379 million into alternatives
June 06, 2022 12:08:25 PMAnti-greenwashing proposals get mixed review
June 06, 2022 12:00:00 AMA new proposal from the SEC would add new ESG-related disclosure requirements for fund managers and investment advisers.
Rubio clears Fed Thrift nominations after China assurances
June 02, 2022 02:47:54 PMSen. Marco Rubio released a hold on four Federal Retirement Thrift Investment Board nominees after they said they won't invest in Chinese firms.
Gensler discusses SEC agenda, climate disclosure proposal at ICI summit
May 26, 2022 02:05:42 PMThe U.S. has the best capital markets and new rule proposals are needed to maintain that distinction, SEC Chairman Gary Gensler said.
Court rejects exchanges' challenge to SEC market data rules
May 25, 2022 12:29:20 PMAn appeals court sided with the SEC in a challenge brought by stock exchanges that sought to halt rules to revamp the collection of market data.
SEC names examinations director
May 24, 2022 01:58:45 PMRichard R. Best was appointed director of the SEC's examinations division, following stints serving as director of three regional offices.
Multiemployer plans await final PBGC aid rules
May 23, 2022 12:00:00 AMThe PBGC has approved more than $6 billion in aid to struggling multiemployer plans, but stakeholders await final rules.
University of Michigan lists up to $280 million in commitments, investment
May 20, 2022 03:15:11 PMGOP senators float bill to curtail money managers' voting influence
May 18, 2022 03:42:13 PMThe bill would require large passive fund managers to vote proxies based on individual investors' instructions, not at managers' discretion.
Maryland slates $1.6 billion for alternatives
May 17, 2022 03:51:20 PMBipartisan group crafting retirement security legislation
May 13, 2022 02:33:59 PMLawmakers announced plans to write legislation aimed at improving retirement security for low- and middle-income American workers.
Dallas Fed names new leader
May 12, 2022 01:47:10 PMLorie K. Logan has been named president and CEO of the Federal Reserve Bank of Dallas, succeeding Robert S. Kaplan who retired in October.
Fed warns of inflation, Russian invasion as financial risks
May 10, 2022 03:04:46 PMSince the Federal Reserve's previous report on U.S. financial stability in November, uncertainty about the economic outlook has increased.
Crypto clouds may part as result of directive
May 09, 2022 12:00:00 AMThe White House is calling for a federal digital assets strategy, which could provide regulatory clarity and added investor protections.
SEC asked to pump brakes on pace of rule proposals
May 09, 2022 12:00:00 AMThe SEC has proposed a flurry of rules in recent months with shortened comment periods; some stakeholders aren't happy.
SEC fortifies crypto unit, nearly doubling size
May 03, 2022 10:52:25 AMThe SEC will bolster its unit tasked with protecting investors in crypto markets and from cyber-related threats.
Medley settles SEC charges over misrepresenting AUM, future growth
April 29, 2022 02:37:55 PMMedley Management and its former co-CEOs agreed to settle SEC charges of AUM misrepresentations that created the illusion of future growth.
Bipartisan bill introduced to give CFTC additional crypto oversight
April 29, 2022 12:11:32 PMA bipartisan bill that would require crypto trading exchanges to register with the Commodity Futures Trading Commission has been introduced in the House.
South Carolina allocates up to $447 million to 4 managers
April 28, 2022 11:03:54 AMLabor Department announces new ERISA Advisory Council members
April 15, 2022 01:30:55 PMThe Department of Labor appointed seven members to its ERISA Advisory Council, and named a chairman and vice chairwoman.