SEC’s Gensler Seeks to Clarify Mutual Fund Swing Pricing Proposal
The Chairman suggested that the regulator might opt for liquidity fees instead of swing pricing for open-end funds and also...
Tag: money market fund
Money Markets Experience Highest 401(k) Investment Inflows in October
Alight Solutions’ 401(k) index also revealed 14 of the month’s 22 trading days favored fixed-income funds.
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...
SEC Changes Liquidity Fee, Gate Structure for MMFs
MMFs must be significantly more liquid in 2024 under new rule updates adopted this week.
Investors Fled to Stable Value, Money Markets in March
Stable value funds took in 64% of the inflows and money market funds, 24%, according to the Alight Solutions 401(k) Index.
SCOTUS Denies Review of Chevron Stable Value ERISA Suit
The appellate court found that the facts alleged are insufficient to support a plausible inference of breach of fiduciary duty, and the Supreme Court seemingly agrees.
Pioneer Money Market Performance ERISA Lawsuit Will Likely Be Amended
An interim ruling in the fiduciary breach case of Barrett vs. Pioneer Natural Resources, in which elements of the defendants’ motion to oppose class certification failed at the...
trendspotting
Money Market Funds Losing Favor
Still, a disconnect yawns between adviser recommendations and sponsor actions
Compliance News
Legislative and Judicial Actions
Rutledge Takes EBSA HelmThe Department of Labor (DOL) has appointed Preston Rutledge head of its Employee Benefits Security Administration (EBSA)....