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Thomas E. Perez was nominated by President Obama to serve as the nation's 26th Secretary of Labor, and was sworn in on July 23.

Benefit Advisors Network has named Bannockburn, Illinois-based GCG Financial in Bannockburn, Illinois, as its newest member.

Punter Southall Transaction Services and P-Solve have jointly acquired financial advisory firm Palisades Capital Advisors.

The Securities and Exchange Commission (SEC) announced a settlement in an enforcement proceeding against eight former directors of five Regions Morgan Keegan open- and closed-end funds. 

T. Rowe Price International Ltd named Arif Husain head of international fixed income.

Chris Phillips was hired as director of strategic accounts in the retirement plan services division of CUNA Mutual Group.

Kristin McCarthy was hired as a key account executive at ASPire Financial Services. 

MassMutual's Retirement Services Division is launching an addition to its suite of plan health and retirement readiness resources.

In seeking to expand within the retirement market, SEI has partnered with Rothschild Asset Management to offer a suite of collective investment trusts (CITs). 

A registered investment adviser (RIA), Square 1 Asset Management, has been unveiled by Square 1 Bank.

The Securities and Exchange Commission (SEC) released an update to clarify how investment companies can use social media without running into filing requirements.  

Nearly a third of employees watch March Madness hoops during the workday.

David Kaleda has joined Groom Law Group’s Fiduciary Responsibility group.

David Bedard was named president of the annuities business division of ING U.S. 

Great-West Financial expanded its suite of retirement readiness products and services for plan sponsors and participants.

Lincoln Financial Group’s Retirement Plan Services business introduced HeroPlus, a new nationwide Length of Service Award Program (LOSAP).