Compliance

The U.S. Department of Labor (DoL) and the Securities and Exchange Commission (SEC) plan to look into how target-date fund managers determine the asset allocation of target-date funds,...

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) said the final rule about investment advice under the Pension Protection Act will be extended to November 18.

The Obama administration might call for stripping the Securities and Exchange Commission (SEC) of some of its powers.

Lawyers representing plaintiffs alleging a fiduciary breach in the operation of the RadioShack 401(k) have asked a federal judge to certify the suit as a class action.

The Internal Revenue Service proposed rules that would permit employers affected by substantial business hardship to decide mid-year to reduce or suspend non-elective contributions to safe harbor 401(k)...

The U.S. Department of Labor obtained court judgments ordering that $97,317 in benefits be restored to the 401(k) retirement fund of now-defunct Triangle Laboratories.

Under proposed legislation, participants undergoing specific financial hardships would get some relief on 401(k) penalties.

The Internal Revenue Service (IRS) ruled that an arrangement under which employees could give up the right to get retiree health benefits in exchange for a higher future...

A federal court jury in New York has convicted James Treacy, former chief operating officer of employment Web site Monster Worldwide, of defrauding investors through improper stock option...

The Securities and Exchange Comission (SEC) today proposed tighter rules for investment advisers who custody assets.

An annual report by the Social Security and Medicare Board of Trustees indicates the financial downturn has worsened the long-range financial outlook of the system.

The Department of Labor (DoL) and the Securities and Exchange Commission (SEC) are looking into target-date funds.

Chairman Mary Schapiro today outlined new plans for enforcement of the Securities and Exchange Commission (SEC).

A federal judge in California has rebuffed demands from JP Morgan Chase and Co. that it dismiss a lawsuit alleging mistakes that could imperil the tax-favored status of...

A group of General Motors defined contribution plan participants cannot proceed with their lawsuit claiming GM had improperly included undiversified single-equity funds in its plans.

Marsh&McLennan Cos. Inc. agreed Wednesday to pay $2.4 million to settle bid-rigging and client-steering charges leveled by Connecticut Attorney General Richard Blumenthal.

The Financial Industry Regulatory Authority (FINRA) said it entered settlements with four more firms relating to the sale of auction rate securities (ARS).

While federal securities regulators have made progress in working out internal organizational kinks, the U.S. Securities and Exchange Commission (SEC) still has a way to go before reaching...

Speaking at the Mutual Fund Directors Forum Annual Policy Conference in Washington, Securities and Exchange Commission (SEC) Chairman Mary Schapiro said she is “committed to a meaningful and...

Securities suits filed in the first quarter of 2009 were up significantly from the year before, with Bernard Madoff-related suits counting for a large chunk of them.