Compliance

While a federal district judge had dismissed some claims last fall, the introduction of a new plaintiff in the case adds them back.

Although a number of claims were dismissed, a federal district court judge felt some claims would be better decided at a later stage.

A federal district court judge entered a judgment requiring Michael Lewis, former president of Acme Orthotics and Prosthetic Laboratories Inc., to restore $128,535.75 in losses owed to the...

However, the agency says it is uncommon for it to assess information penalties.

The 9th Circuit ruled that a prudent fiduciary in the same circumstances as the defendants could view the proposed alternative course of action regarding company stock in Hewlett-Packard's...

Regulatory developments in Nevada and New York show inaction at the federal level on clarifying advisers’ and brokers’ fiduciary duties is leading to a patchwork of state-by-state approaches...

One change in the law means that in many cases, a participant will have more time in which to effect a tax-free rollover of a plan loan offset...

The class-action suit had accused the company of making statements to artificially inflate Eaton’s stock.

U.S. Representatives introduced the Increasing Access to a Secure Retirement Act.

More important than the fact that individual brokers or executives are being punished is the recognition that retirement plans and large institutional investors are routinely subject to fraud...

Retirement plan fiduciaries must understand the expenses their participants pay to make trades and access investments, but their duty to monitor and ensure reasonableness is not limited to...

The total amount of net plan assets determines the applicable user fee now, not the number of participants.

Changes to the tax code will impact retirement planning beyond individual and pass-through business taxation; investing support tools and tax management platforms trusted by advisers have to make...

Alongside numerous proposed changes, employees who work for three consecutive years with at least 500 hours of service each year would have to be made eligible to participate...

Different limits and rules for retirement plans qualified in Puerto Rico may cause some operational issues for plan sponsors.