Compliance

A DOL investigation and legal pursuit that have spanned the better part of two decades have drawn to a close,...

Earlier this year, the agency published a list of 2021 examination priorities that prominently featured issues pertaining to cybersecurity, and now it has sanctioned eight firms for related...

SEC Chair Gary Gensler says her focus as a senior adviser will be on issues relating to retail investor protection, including broker and adviser oversight and examinations.

SEC Chair Gary Gensler says the emergence of new investment technologies that embrace gamification and collect user data raises questions as to whether investors are appropriately protected.

In a brief of amicus curiae filed in the suit against the Red Cross, the agency claims the suits are...

A court found that the plaintiffs did not state a plausible claim for breach of fiduciary duties. They have already...

The claims are typical of excessive fee suits, but the plaintiffs also cite language from the 403(b) plan's investment policy...

The plaintiffs are employees and retirement plan participants at DST Systems who argue the defendants pursued ‘an exceptionally imprudent investment...

The appellate court agreed with the plaintiffs that the lower court erred in dismissing share class-related claims and in denying...

The claims included in the complaint, which in some respects directly contradict arguments made by other plaintiffs in related fiduciary...

The complaint claims participants overpaid millions of dollars to Xerox’s recordkeeper from 2015 through 2021.

The text of the lawsuit notes the fast pace of the filing of excessive fee lawsuits against retirement plans operated...

Among other allegations, the complaint says defendants continued to offer certain investment options despite the availability of identical or similar investment...

The Elder Justice Reauthorization and Modernization Act of 2021 dedicates funding to programs to address vulnerable seniors’ needs, and its advocates say the financial services industry has a...

An amicus brief filed in a case involving Universal Health Services says a district court erred when it found the...

The IRS has addressed Form 5500 filing for plan sponsors that take advantage of the extended deadline for plan adoption provided by the SECURE Act.

The language of the regulation has not yet emerged, but the title published by the Department of Labor suggests it will address both ESG and proxy voting matters.

Industry experts are watching for the imminent filing of new Department of Labor regulations pertaining to the use of environmental,...

The proposed class of plaintiffs alleges Citgo is using mortality assumptions that are at least 50 years out of date...

Among other things, it explains the manner and timing of making elections under the American Rescus Plan Act (ARPA), as well as the flexibility to redesignate contributions between...