The 5th U.S. Circuit Court of Appeals denied Tuesday another effort by attorneys general from California, New York and Oregon to defend the DOL's fiduciary rule.

Three states trying to save the Labor Department's fiduciary rule are appealing a decision by a federal court to deny their attempt to intervene in the case.

The National Association of Fixed Annuities withdrew its lawsuit against the DOL's fiduciary rule that was pending in the D.C. Circuit Court of Appeals.

Jay Clayton said the SEC is moving forward on a fiduciary rule and its work would not be affected by a court decision striking down the DOL rule.

Republican Hester Peirce and Democrat Robert Jackson seek to fill two vacancies on the commission

Extraordinary financial market volatility in the late summer has prompted the Securities and Exchange Commission to look into how exchange-traded products are sold and priced.

A panel of federal financial regulators did on Tuesday what the Securities and Exchange Commission failed to do over the summer – release for public comment a proposal to reform money market mutual funds.

In a presidential election with many competing issues already on the table for the Democrats and Republicans, Putnam Investments chief executive Robert Reynolds wants to turn the conversation to something more substantial: retirement issues.

Sen. Tom Harkin, D-Iowa, is expected to introduce a bill that would impose a tax on financial transactions.

Sen. Tom Harkin, D-Iowa, chairman of the Senate Health Education Labor and Pensions Committee, would like to create a new private retirement system that is based on professionally managed pools of retirement funds.