Tag: Rules & Regs

9th Circuit Says CA Law Trumps Labor Contracts

The 9th U.S. Circuit Court of Appeals has ruled that while workplace contracts may be subject to out-of-state law, actual workplace terms and conditions affecting workers in California are governed by state statutes.

SEC Adopts Pay to Play Curbs

The Securities and Exchange Commission (SEC) has approved new rules regulating pay to play practices by investment advisers at public pension plans and other government investment accounts. 

NM Fund Ponders Aldus Lawsuit

The New Mexico Educational Retirement Board has hired two law firms to represent the teachers’ pension fund in a planned lawsuit against a Dallas money management firm. 

Obama Signs Pension Relief

President Obama has signed into law legislation providing pension funding relief for multi-employer and single employer defined benefit plans.