Compliance

Class action law firm Keller Rohrback kicked off an investigation of allegations that IndyMac Bancorp executives breached their fiduciary duties by keeping company stock in their 401(k) plan...

The Investment Company Institute (ICI) urged the Department of Labor (DoL) to provide workers and retirees with more access to advice and education about managing assets and income...

The Internal Revenue Service issued proposed regulations for corporations that issue statutory stock options.

Two U.S. Senators have announced a legislative proposal to ban debit cards linked to 401(k) plans.

A court ordered that a Dublin, Ohio-based 401(k) plan be distributed to ex-employees.

The DoL issued frequently asked questions (FAQs) yesterday to help navigate fee disclosure requirements for 2009.

Federal regulators released additional guidance about rules for reporting service provider fees and compensation on Schedule C of Form 5500 for plan years beginning on or after January...

Participants claim NovaStar’s 401(k) plan was imprudently invested because of the company's alleged sub-prime mortgage lending practices.

In a continuation of a recent trend of federal courts throwing aside cash balance plan challenges, a federal appellate court has cleared two more sponsors of wrongdoing.

A district court ruled that the Dell Inc. 401(k) Plan did not violate fiduciary duties by allowing more than half of the assets to be invested in company...

A former UBS broker filed a lawsuit against the firm, alleging it forced him to resign for cooperating with regulators, the Boston Globe reported.

The Senate last week introduced a bill to protect seniors from investment fraud.

The New Jersey Supreme Court approved Smith Barney’s employee stock-purchase compensation plans that carry forfeiture provisions if participants quit before fully vesting.

The CEO of EBRI testified to the Committee on Ways and Means that IRAs are an important part of the retirement landscape.

Massachusetts authorities sued two subsidiaries of Swiss bank UBS AG, alleging they misled investors about the safety of auction-rate securities.

The law firm of Stember Feinstein Doyle&Payne, LLC , has turned its watchful eye to possible fiduciary misconduct at Fifth Third.

In an effort to protect seniors from investment fraud, the U.S. Securities and Exchange Commission (SEC) proposed a new rule that would extend its jurisdiction to equity-indexed annuities.

Employee benefits provider UNUM Group will pay $5.5 million in fines and penalties for violations under ERISA.

Two former Bear Stearns hedge fund managers were arrested Thursday and indicted on conspiracy and fraud counts.

The law firms of Milberg LLC and Liner Yankelevitz Sunshine&Regenstreif LLP separately announced they are investigating possible Employee Retirement Income Security Act (ERISA) violations by fiduciaries of the...