Recent Stories
University of Michigan slates up to $35 million
SEC delays bitcoin ETF decision once more

The SEC delayed a decision for the second time on whether to approve the first bitcoin exchange-traded fund in the U.S.
Labor Department investigators want info on plan cybersecurity practices, policies

Fiduciaries can expect to field questions and document requests about cybersecurity practices and policies as part of EBSA plan audits.
Investor groups file complaint to vacate SEC shareholder proposal rules

Several investor groups filed a complaint in U.S. District Court to vacate the SEC's shareholder proposal rule.
Plan to expand government-matched retirement contributions popular – survey

More than 6 in 10 Americans would support a program offering government-matched retirement contributions to lower-income working Americans.
SEC names director of corporation finance division

Renee Jones was appointed director of the Securities and Exchange Commission's division of corporation finance.
DOL planning rule-making on ‘fiduciary’ definition

The Labor Department under the Biden administration is looking to make its own stamp on the fiduciary debate, much like its predecessors.
Gary Gensler
SEC plans regulatory actions on climate disclosure, proxy-voting advice

Under new Chairman Gary Gensler, the SEC is planning to issue rule proposals on climate risk, proxy-voting advice and more.
Gary Gensler
Back to drawing board on proxy rules ... again

The SEC is considering further regulatory action on its proxy adviser rules, much to the chagrin or delight of respective stakeholders.
Michigan Retirement allocates $1.7 billion in first quarter
Nebraska Investment Council steers $30 million to 2 funds
Second Rubio bill aims to halt TSP fund flow to Chinese firms

Sen. Marco Rubio introduced another bill aimed at preventing the Federal Retirement Thrift Board from investing assets in Chinese companies.
SEC panel weighs changes to insider trading rule

Experts recommended the SEC increase disclosure and impose a cooling-off period for the buying and selling of stocks by corporate insiders.
Lawmakers split on merits of U.S. central bank digital currency

The Federal Reserve creating a "digital dollar" could transform the nation's payment systems, but establishing it would require much work.
South Carolina allocates up to $275 million