Compliance

 Charles Schwab has been notified by the U.S. Securities and Exchange Commission (SEC) that it could be the target of an SEC civil suit.

Two investors are pointing their fingers at the U.S. government for failing to stop Bernard Madoff’s giant Ponzi scheme.

After months of fighting with regulators, Bank of America (BofA) is turning over documents about its purchase of Merrill Lynch, according to news reports.

An insurance agent who purchased a book of clients from a retiring co-worker is suing the firm with which he is associated for stealing some of that business.

The U.S. District Court for the Eastern District of Wisconsin has dismissed a lawsuit accusing Harley-Davidson and some of its executives of breaching fiduciary duties by continuing to...

JPMorgan Chase & Co. cannot be held liable for mismanagement that may have occurred before the Federal Deposit Insurance Corp. seized Washington Mutual, Inc., a judge has ruled.

These days, everything is being challenged as a fiduciary duty for retirement plans, said Chad J. Larsen, President, Moreton Retirement Partners, an NRP member firm, opening a panel...

For plan years beginning in 2009, the Department of Labor (DoL) has revised the fee disclosure schedule for Form 5500.

An employer’s move to reduce its equity holdings and increase fixed-income investments in its cash balance pension plan did not represent an illegal benefits reduction, a federal judge...

A former payroll administrator for a Houston recycling company has been indicted for stealing paychecks and 401(k) plan money.

A Winona County (Minnesota) District Court judge has ruled against two unions that sued the Winona school district over the reduction of the number of vendors serving the...

A U.S. Government Accountability Office (GAO) report suggests that if federal regulators gather more information from certain types of retirement savings plans and issue more guidance about plan...

Officials from Treasury and the IRS have indicated that the IRS is planning to issue guidance on a number of issues involving Code Section 457 deferred compensation plans,...

A district court has dismissed claims by retirement plan participants that Humana officials violated their fiduciary duties by holding plan assets in company stock after mistakes made in...

Witnesses appearing before the U.S. House of Representatives Ways and Means Committee regarding the continuing debate of how retirement plan advice should be delivered to millions of workers...