SEC Accuses Fund Adviser of Violating Liquidity Requirements
Pinnacle Advisors helped a mutual fund dodge SEC liquidity requirements for at least a year, the SEC charges.
Tag: SEC
Amendments to SEC Custody Rule Would Expand Scope to More Asset Classes
Many market actors are requesting an extension on the comment period, which ends Monday, to better analyze the proposal.
House Republicans Air SEC Grievances at Oversight Hearing
The SEC proposal on swing pricing criticized for potential harm to retirement investors, especially those located in the West.
Congress, SEC Plan Separate Expansions of Electronic Disclosures
Bipartisan legislation and an SEC proposal would make electronic disclosures under securities laws much more commonplace.
SEC Balances Competing Interests in Finalizing Cybersecurity Rule
The SEC reopened the comment period on a cybersecurity rule which would require updated policies and prompt SEC notification of...
What the SEC is Scrutinizing in Its Marketing Rule Exams
Industry experts and SEC officials discuss what plan sponsors should know about how the regulator will consider investment performance claims.
DOL Urged to Pursue Equal Opportunity Cases in Biden Budget Proposal
The White House’s proposed fiscal 2024 budget would also increase budgets for the Social Security Administration and the IRS.
Gensler Defends SEC’s Climate Disclosure Rules at CII Conference
The SEC chair explained that more market actors are using climate and greenhouse gas information in investment decision making, and...
Retirement Industry to SEC: Kill Swing Pricing Mandate
Industry groups, including ERIC, SPARK and ICI, argue that a proposed mutual fund pricing rule popular in the EU would...
SEC Issues Risk Alert on Broker/Dealer Conflicts of Interest
The SEC is sending a stern reminder to broker/dealers to better follow new Regulation Best Interest standard, intended to mitigate...
The SEC Might Mandate Swing Pricing for Most Funds
The comment period for the proposal is open until February 4 and would require a hard close, swing pricing and...
Republicans Propose More Anti-ESG Legislation That Won’t Pass
In response to the DOL’s November final rule permitting the consideration of ESG in retirement plans, Senator Mike Braun and...
Democrat Support for SEC’s Scope 3 Climate Disclosure Weakens
Compliance costs for Scope 3 climate disclosures could be high, but they don’t apply to everyone.
Fed Proposes Principles for Big Banks to Manage Climate Risks
The proposed framework calls on large banks to account for economic risks related to climate change.
Republicans Move to Prevent SEC Climate Disclosure Requirements
Though the SEC has not approved its proposal to require climate-risk and carbon emissions disclosures, Republicans are moving to prevent...
The Mid-Term Results and What They Mean for ESG and SECURE 2.0
ESG strategists may experience greater uncertainty when Republicans take over the House, but supporters of SECURE 2.0 can still expect...
SEC Considers Making Swing Pricing Mandatory for Open-Ended Mutual Funds
If adopted, the new rule would require most open ended funds to keep at least 10% of their assets in...
Investment Bank’s Policy Strategist Says Republicans Likely to Take House of Representatives
The Chief Washington Strategist at Stifel believes Republican control could lead to headline and potential policy risks for 'woke capital.'
SEC’s Proposed Climate Regulation Draws Support and Criticism
Investment consultants' sustainability group and others are supportive, while financial services firms and asset managers raise objections.
Proposed SEC Regulations Address Advisers’ ESG Practices, Fund Names
One proposal put forward Wednesday by the Securities and Exchange Commission would restrict the way investment managers use ESG nomenclature...