Tag: SEC

The amount of cyber risk exposure in the financial services industry can be downright frightening to think about, but details of a recent settlement reached between the SEC...

A survey of institutional asset managers highlights persistent uncertainty and lack of preparedness around pending SEC money market reforms.

Retirement plans will not necessarily have to divest from retail money market funds under SEC’s pending reforms, but plan sponsors and advisers may decide it's best.

Focus on DOL’s fiduciary rulemaking is understandable—but there are other major regulatory changes in the works that will directly impact retirement plans.

Transcripts from a tough SEC hearing called earlier this month show it's not just the Department of Labor considering changes to the application of the fiduciary standard.

SEC staff intends to revamp focus on registered investment advisers and broker/dealers selling investment products to retail investors and retirement savers.

Sponsored dinners with Ponzi operators and fees charged to the account-holders even after fraud charges were announced are among the allegations against Equity Trust Company.

A Miami investment adviser allegedly used a Ponzi scheme to siphon his investors’ retirement assets.

The SEC announced fraud charges against an Atlanta-based investment advisory firm and two executives accused of selling unsuitable investments to police, firefighter and transit worker pension funds.

Reforms by the SEC to modernize financial adviser disclosures remain in the early stages, but the eventual impact could be substantial for firms offering separate account services to...

The Securities and Exchange Commission (SEC) took a big step Wednesday towards modernizing the reporting and disclosure practices of registered investment advisers and fund companies, voting to propose...

Zamansky LLC has commenced an investigation of International Business Machine Inc.’s (IBM) 401(k) Plus Plan for possible violations of the federal Employee Retirement Income Security Act (ERISA).

Some believe more 401(k) plans will switch to government money market funds to respond to SEC rule changes.

The Securities and Exchange Commission (SEC) released its schedule of Compliance Outreach Program seminars, given regionally in six cities this year.

The cybersecurity of registered investment advisers (RIAs) is an important issue, says the Securities and Exchange Commission (SEC) in a guidance update.

BlackRock Advisors has settled allegations from the Securities and Exchange Commission (SEC) that it breached its fiduciary duty to certain clients "by failing to disclose a conflict of...

Andrew Bowden, director of the Office of Compliance Inspections and Examinations (OCIE) of the Securities and Exchange Commission (SEC), will leave the agency.

Retirement industry advocates sent a letter to the SEC arguing fee disclosures regulations would also benefit participants of non-ERISA retirement plans.

Despite a 75-year track record as an investment vehicle, some plan sponsors lack awareness of collective investment trusts and their reputation for low fees.

In a letter to the Office of Management and Budget, GOP senators predict dire consequences for American workers if the "fiduciary rule" has not changed significantly from the...