Swing Pricing Proposal on Shaky Ground as Bipartisan Opposition Solidifies
Of all the SEC proposals facing pushback, the swing pricing proposal for mutual funds is taking the most heat from Democrats.
SEC Changes Liquidity Fee, Gate Structure for MMFs
MMFs must be significantly more liquid in 2024 under new rule updates adopted this week.
One-Quarter of Pre-Retirees Expect to Delay Retirement, According to Nationwide
An additional 15% are unsure if they will ever be able to retire.
Lifetime Income for Employees Act Would Make It Easier to Use Annuities as QDIAs
The re-introduced House bill would permit annuities as 401(k) default, with a limit of 50% of retirement contributions.
Gensler Defends Swing Pricing Proposal at ICI Conference
Managers who asked the Fed for help during the pandemic but who oppose swing pricing should “look in the mirror,” according to Gensler.
SEC Charges Pinnacle Advisors With Liquidity Rule Violations
The SEC complaint says Pinnacle knowingly mispresented the liquidity of some assets to satisfy liquidity requirements.
SEC Proposes Controversial Rule on Swing Pricing and Liquidity
Institutions Turn to ETFs for Bond Market Liquidity
Diminished liquidity in global bond markets is fueling demand for fixed income exchange-traded funds.