Vanguard Fined by SEC for Misleading Retail TDF Investors
The regulator found that the firm did not provide accurate information about the capital gains and tax implications of a...
Tag: SEC
SEC Might Drop Swing Pricing from Mutual Fund Liquidity Proposal
Instead, they would likely adopt liquidity fees, though Chair Gensler did not say so explicitly.
Bill Creating Crypto Regulatory Structure Moves Through House
Critics say the bill significantly weakens the regulatory structure on crypto assets.
Appeals Court Pauses SEC’s Climate Disclosure Rule
The U.S. 5th Circuit Court of Appeals issued a stay for a rule that included some standards set to take...
SEC Fines Aon $1.5M for Lying to Pennsylvania Fund
Aon misrepresented the source of inaccurate performance data it provided to the fund.
Can You Permit Crypto in a Brokerage Window?
Probably not worth the risk, but there is no ban on it.
SEC Case Highlights Why Fiduciaries Should Be Cautious About Crypto
Kraken filing should be "a clear warning" to retirement plans to consider if offering crypto investments is "prudent," Wagner Law...
Navigating ESG: the Informed ESG Investor
In an uncertain regulatory environment, panelists discussed considerations for plan sponsors when evaluating whether to put ESG funds into an...
New House Speaker Mostly Unknown to Retirement Industry
Industry advocates have very little to say about Mike Johnson, good or bad, but another budget showdown could reveal his...
Retirement Industry Calls On SEC to Withdraw Proposal on AI, Conflicts of Interest
The proposal would limit the availability of educational and retirement readiness tools for participants, commenters say.
Personal Device Use Costs 10 Broker, Adviser Firms $79M
The fine was imposed by the SEC Friday for persistent and high-level failures to communicate on approved channels.
SEC to Allow RILAs to Register on Simplified Forms
The proposal would streamline the registration and disclosure process for RILAs and highlight their unique features.
Mutual Fund Trustees Resist Aiding and Abetting Charges
The SEC argues fund trustees assisted a mutual fund in dodging liquidity requirements by not acting to properly classify the...
Republicans Take Aim at Proxy Voting Firms
Congressional Republicans allege that proxy firms give advice based on political preferences, not investors' financial interest.
Senate Appropriations Committee Advances Funding for SECURE 2.0 Lost and Found
The committee’s spending bill appropriates $14 million for the creation of a retirement account database.
SEC Updates Gate Structure, Liquidity Fees for Money Market Funds
The new rules are designed to increase MMF liquidity and protect investors from runs on the funds, starting in 2024.
House Republicans Call for More Transparency in ESG and Proxy Voting
Republicans focus on the environmental aspect of ESG in a recently published report on Republican policy goals concerning investor activism.
Swing Pricing Protects Investors From Dilution, Gensler Says
SEC Chairman Gary Gensler offered a spirited defense of the swing pricing proposal in a conversation with ICI’s Eric Pan.
Swing Pricing Proposal Should Be Defunded, House Republicans Say
The chairman of the House Committee on Financial Services, Patrick McHenry, says the swing-pricing rule would hurt investors, especially because...