Compliance

A lawsuit filed against Morgan Stanley claims that, although the Securities and Exchange Commission (SEC) barred an adviser from trading over-the-counter securities in the 1980s, Morgan Stanley's predecessor...

The Securities and Exchange Commission (SEC) is trying to decide if it can – or should - help investors be more aware of business ties with terrorists.

The IRS has posted a sample notice to be used to notify participants about their rights and obligations under automatic enrollment and automatic contribution arrangements.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA), the Internal Revenue Service, and the Pension Benefit Guaranty Corp. (PBGC) announced the publication of revisions to the...

Federal securities regulators have given preliminary approval to a plan that will make prospectuses easier to understand and general improve mutual fund disclosures.

The Principal Financial Group has come to terms with the state of Connecticut in connection with the sale of certain Single Premium Group Annuity and Single Premium Guaranteed...

Although the final Qualified Default Investment Alternatives (QDIAs) regulations answered many questions posed by commenters after the proposed regulations were issued, more questions are emerging concerning implementation of...

The law firm of Milberg Weiss LLP is investigating possible Employee Retirement Income Security Act (ERISA) violations by fiduciaries to The First American Corporation 401(k) Savings Plan.

The Internal Revenue Service (IRS) has put out a reminder that low- and moderate-income workers may be eligible for the saver’s credit for their contributions to an IRA...

The nation’s regulatory and legislative bodies continue to be a beehive of retirement plan-related activity, which is expected to continue through the 2008 presidential election cycle and into...

While the Securities and Exchange Commission (SEC) is actively considering changes to Rule 12b-1, most of the comments on the subject appear to be opposed to change.

A participant in the Wells Fargo&Company 401(k) Plan has sued the financial services company and a number of its executives over allegations the plan improperly did million of...

A U.S. hedge fund run by a former UBS AG broker is facing fraud claims in an arbitration complaint filed by investors.

The Treasury Department and the Internal Revenue Service (IRS) issued proposed regulations implementing new rules that facilitate the adoption of automatic contribution arrangements in 401(k), 403(b), and 457...

Citigroup, which suffered a recent management shakeup over its subprime mortgage crisis fallout, has been charged with imprudently allowing 401(k) company stock investments despite “serious mismanagement.″