SEC Backs Down on Swing Pricing
The regulator’s decision provides relief to mutual fund managers, despite some added reporting amendments.
Tag: Securities and Exchange Commission
Fidelity Investments Reorganizes Rutland Square Trust II
Fidelity is seeking agreement from shareholders to reorganize funds offered through Fidelity Personal & Workplace Advisors LLC by RIA Strategic...
Product and Service Launches
T. Rowe Price launches Social Security optimizer; IRI updates its retirement saving and income handbook; Just Futures launches ‘values-driven’ 401(k)s...
Lawsuit Targets Fiduciaries of Hess Corp.
A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...
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...
Hartford Funds Seeks to Let $4.1B Fund Make More Concentrated Investments
Shareholders can approve a proposal to reclassify Hartford’s Growth Opportunities Fund as a non-diversified investment, according to a securities filing.
How to Stay Safe From Evolving Cybersecurity Threats
Experts discussed the SEC’s new cybersecurity rules and the importance of having an action plan at PLANSPONSOR’s Cybersecurity livestream.
DCIO Firms Increase CIT Distribution to Sponsors of Smaller Plans
Demand for collective investment trusts is growing across retirement plan market segments, according to a survey of defined contribution investment-only...
Compliance With SEC Cybersecurity Rules Will Require Resources, Training
The new disclosure requirements for public companies will not be easy to meet without added time and focus.
Fidelity to Convert More Than $13B of Mutual Funds to ETFs
The Fidelity small cap enhanced index fund was included in nearly 100 defined contribution plans, according to Form 5500 filings....
Pensionmark Hires Curley to Oversee Compliance
A former RIA founder, Curley will manage global financial services strategy.
Tuberville Returns With Call for Crypto Access in 401(k) Plans
The Republican senator also argued that the DOL should not be dictating what investments may be offered through the self-directed...
Senate Hearing Highlights Senior Scams and New Institutions to Combat Them
An advisory group on preventing senior scams was highlighted in a Senate hearing Thursday that discussed the broader issue of...
BNY Mellon Affiliate Settles SEC Charges Over ESG Statements With $1.5 Million Penalty
First ‘greenwashing’ case hints at more enforcement to come.
Pensions Will Recoup Losses From Allianz Structured Alpha Investments
Following an SEC settlement, most of the U.S. business of Allianz Global Investors will transfer to Voya Investment Management.
SEC Proposes New Money Market Fund Rules
The proposed amendments are designed to address potential runs on money market funds during times of market stress.
SEC Proposes Rule to Increase Securities-Lending Market Transparency
The Dodd–Frank Act mandated that the agency increase transparency regarding the loaning or borrowing of securities for brokers, dealers and...
SEC Settles Charges of Cybersecurity Failure Against GWFS Equities
The broker/dealer has agreed to a $1.5 million fine, a censure and an order to cease and desist from future...
VALIC Financial Advisors Charged With Disclosure Failures
The SEC says VALIC Financial Advisors failed to disclose to Florida teachers practices that generated millions of dollars in fees...
Warren Asks DOL Secretary Not to Mimic Reg BI
The Democratic presidential candidate fears the DOL is considering a fiduciary rule that would permit advisers providing advice on retirement...