Washington

Private equity investors get IRS rules on 20% tax break

PRIVATE EQUITY

PRIVATE EQUITY

The IRS has given business owners the anticipated final word on how they can claim one of the biggest perks in the 2017 GOP tax overhaul.
EBRI names Neil Lloyd chairman of research committee

Retirement Plans

Retirement Plans

Neil Lloyd is the new chairman of the EBRI's research committee.
PBGC preps takeover of Sears' pension plans

PENSION FUNDS

PENSION FUNDS

The PBGC is preparing to "assume responsibility" for Sears Holdings Corp.'s two defined benefit plans.
Maxine Waters: House Financial Services' priorities include financial stability, diversity

WASHINGTON

WASHINGTON

The House Financial Services Committee will focus on making sure financial regulators are enforcing laws and promoting financial stability.
Commentary: Limited partners need to be aware of GP-led deal pitfalls

INDUSTRY VOICES

INDUSTRY VOICES

GP-led deals have potentially serious implications for the way funds are managed.
SEC charges alleged EDGAR hacker, traders in 2016 scheme

WASHINGTON

WASHINGTON

The SEC charged nine defendants in connection with a scheme to hack into the agency's EDGAR corporate filing system.
Government shutdown could push back SEC's Reg BI timeline

Regulation

Regulation

The SEC's final rule for its standards of conduct package could be delayed because the partial government shutdown has furloughed employees.
U.S. government shutdown causing delays in private equity deals

ALTERNATIVES

ALTERNATIVES

The U.S. government shutdown is causing private equity deals to take longer to close and creating uncertainty.
Weakest Treasuries demand since '08 sends bond-market warning

Markets

Markets

As the government starts its debt sales this year, there's a potentially worrisome sign: the steep decline in demand at its bond auctions.
Bipartisan bill looks to help struggling multiemployer plans

Legislation

Legislation

Rep. Richard Neal, chairman of the House Ways and Means Committee, introduced a bill that focuses on aiding multiemployer pension plans.
Government shutdown brings uncertainty for workers hoping to retire during impasse

Washington

Washington

Federal workers retiring during the partial government shutdown can't be certain applications for retirement benefits are being processed.
Summers sees 'lot of grounds for concern' about China economy

Economy

Economy

China is confronting as tough a time its economy has had in at least the last decade, former Treasury Secretary Lawrence Summers said.
Fed says it will be patient with future rate hikes

Economy

Economy

Members of the Federal Open Market Committee said they could "afford to be patient" about future rate hikes, said minutes from its meeting.
Federal Reserve Board nominee Nellie Liang withdraws her name from consideration

Washington

Washington

Nellie Liang has withdrew her nomination for a seat on the Federal Reserve Board of Governors.
Senators introduce bill to help United Mine Workers pension fund

Legislation

Legislation

Six Democratic senators introduced a bill that aims to shore up the beleaguered United Mine Workers of America 1974 Pension Plan.