Compliance

The Bill Gets Bigger for UBS

UBS today announced a comprehensive settlement, in principle, for all clients holding auction-rate securities (ARS), for an estimated cost of $900 million.

DoL, SEC Ink Information Sharing Pact

The U.S. Department of Labor (DoL) and the U.S. Securities and Exchange Commission (SEC) signed a memorandum of understanding pledging to continue sharing information about retirement plan investments.

IMHO: “Know″ Way

Last week, the Department of Labor’s Employee Benefits Security Administration (EBSA) released its much-anticipated proposal regarding participant fee disclosures.

NY Next to Target UBS

New York Attorney General Andrew Cuomo filed a lawsuit against UBS AG over its role in the sale of auction-rate securities, Bloomberg reported.

ICI Pushes DoL for More Employee Advice

The Investment Company Institute (ICI) urged the Department of Labor (DoL) to provide workers and retirees with more access to advice and education about managing assets and income...