Compliance

The latest company to find itself under scrutiny for a potential “stock drop″ case is The Hartford.

The Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) said they will waive the initial set-up and annual system fees paid by investment...

Two former executives of transfer agent Putnam Fiduciary Trust were given permanent injunctions and ordered to pay civil penalties, the Securities and Exchange Commission announced.

A federal judge ruled that John Hancock Life Insurance Co. is not entitled to indemnification and contribution.

The Texas management consultant whose name has been attached to a landmark U.S. Supreme Court ruling on participants’ legal rights to pursue fiduciary breach claims has no regrets.

The U.S. District Court for the Eastern District of Pennsylvania has moved forward several fiduciary breach claims against Comcast Corporation for its handling of company stock retirement plan...

The Securities and Exchange Commission (SEC) charged privately held, registered broker/dealer Lazard Capital Markets LLC with failing to supervise three employees who spent more than $600,000 while 'improperly...

A Texas management consultant, whose lawsuit over 401(k) fiduciary breach allegations became the subject of a landmark U.S. Supreme Court ruling on participants’ legal rights, has apparently run...

A federal appellate court ruled that a plan sponsor cannot rely on Florida state law to sue Merrill Lynch for allegedly aiding a plan provider in committing fraud...

The fiduciaries of BP Corp. North America Inc.'s retirement plans have accused Northern Trust Co. of breaching their fiduciary duties by not disclosing substantial securities lending losses.

The Internal Revenue Service (IRS) will waive the requirements for Code Y reporting in 2008 of amounts deferred under 409A for nonqualified deferred compensation plans (NQDC).

They say that desperate times call for desperate measures.

In a federal appellate court ruling, an Illinois psychologist got more time to pursue her legal claims for assets missing from her 401(k) account.

In a letter signed by 33 403(b) practitioners and advisers, two attorneys requested an extension of the effective date for complying with the written plan requirement dictated by...

Zenith Capital, a registered investment advisory (RIA) firm, allegedly collected incentive fees from a hedge fund in exchange for investing retirement plan assets in the fund.