Compliance

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) cannot add new claims to the current case related to Bank of America Corp.’s takeover of Merrill...

FINRA, SEC not yet clear about social networking

Plan sponsors can now take full advantage of a new federal government system for online filing of the required annual report to the Employee Benefits Security Administration (EBSA)...

The employee who went on a shooting rampage at a St. Louis manufacturing plant is reportedly one of four named plaintiffs in a 401(k) excessive fee class-action lawsuit.

A federal appeals court overturned a ruling against a bank and a broker accused of helping to keep a Ponzi scheme alive.

The Internal Revenue Service (IRS) has updated its procedures for requesting determination letters on the qualified status of pension, profit-sharing, stock bonus, annuity, and employee stock ownership plans.

The Internal Revenue Service (IRS) has released an in-depth primer on how taxpayers can voluntarily better comply with regulations governing documents for nonqualified deferred compensation plans.

H&R Block Inc will pay as much as $20.2 million to settle a New York lawsuit accusing it of fraudulently marketing individual retirement accounts (IRAs) that charged hidden...

A Savannah, Georgia, attorney has pled guilty to obstruction of justice related to a U.S. Department of Labor (DoL) investigation of the retirement plans of his law firm.

The Securities and Exchange Commission has charged a Houston-based broker with engaging in “unauthorized and unsuitable” trading on behalf of two Florida municipalities.

Ponzi was a huge buzz word in 2009, during which we saw almost four times as many investment scams fall apart as in 2008, the AP reported.

The Financial Industry Regulatory Authority (FINRA) is telling investors to watch out for green energy investment scams.

The self-proclaimed “Sam Spade of Money Management” is taking a former client to court.

After imposing a withdrawal queue on distributions from a real estate fund, The Principal Financial Group now finds itself targeted with a participant lawsuit.

New Jersey's public pension funds spent $166 million on brokerage commissions, advisers' fees, and other administrative costs during the last fiscal year, including $5 million it didn't need...

Michael Vick’s former financial advisers won’t be working with ERISA plans anymore.

A bill has been introduced in the U.S. House that would change how qualified retirement plans perform non-discrimination testing.

While it’s hardly a unique occurrence these days, a law firm is reaching out to 401(k) participants in a potential “stock-drop” suit.

The National Association of Personal Financial Advisors (NAPFA) is advocating for reform of 12b-1 fees.

OppenheimerFunds, Inc., and the state of Illinois have reached an agreement to resolve the state's investigation into the management of its Bright Start College Savings Program.