Compliance

The market’s impact continues to weigh on the nation’s retirement security – and it seems that Congress wants to do something about it.

Stanford Group Cos., the investment house run by disgraced billionaire R. Allen Stanford, has served as the financial advisor to AirTran Airways Corp.’s 401(k) plan – but participants...

New York State Attorney General Andrew Cuomo subpoenaed Kenneth Lewis, chairman and CEO of Bank of America (BoA), Thursday, according to published reports.

Blackberry maker, Research in Motion (RIM), and four of its senior executives have agreed to settle stock option backdating charges brought by the U.S. Securities and Exchange Commission...

The Securities and Exchange Commission (SEC) Tuesday charged Robert Allen Stanford and three of his companies—including the broker/dealer and investment adviser arms—for orchestrating a massive fraud.

The Internal Revenue Service (IRS) recently cleared up some confusion about its relief of the written plan document requirement for 403(b) plans.

We got another verdict on those infamous revenue-sharing lawsuits last week.

A San Diego law firm has filed a federal court lawsuit against OppenheimerFunds over allegations fund managers concealed the fact that they had moved the Oppenheimer Champion Income...

The attorney general of North Carolina is seeking justification for the bonuses being paid to executives at the Charlotte-based Bank of America (BoA).

A lower court was correct in dismissing the lawsuit over unreasonable fees related to investments filed against Deere&Co. and two Fidelity units, an appellate court ruled Thursday.

Financial Industry Regulatory Authority (FINRA) said Thursday that it has fined two Wachovia units more than $4.5 million for violations related to the sales of mutual funds and...

A court said Huntington Bancshares Inc. did not violate the Employee Retirement Income Security Act (ERISA) by continuing to offer company stock while suffering because of the subprime...

Senators introduced legislation that would require defined contribution plan sponsors to disclose fees to participants.

New York Attorney General Andrew Cuomo continues to blast Merrill Lynch for its bonuses paid before the Bank of America (BoA) acquisition.

Two former chairs of the Securities and Exchange Commission will lead an independent panel to recommend ways to improve the regulation of the U.S. financial markets.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced interim guidance pertaining to new requirements that defined benefit plan sponsors must disclose plan funding data to...

You may have noticed that those year-end tax statements aren’t showing up as soon this year – but the Internal Revenue Service (IRS) says they should be more...

With an expanding list of retirement plans snared by investments tied to Bernard L. Madoff, the Labor Department has published some guidance for plan fiduciaries.

Blackberry maker Research in Motion (RIM) has worked out a settlement of stock options backdating charges with the Ontario Securities Commission (OSC).

The U.S. Department of Labor (DoL) has proposed putting off the implementation of its recently released investment advice rule.