Tag: SEC

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...

A bipartisan group of U.S. House members penned an open letter to the Department of Labor that demands more detail be shared about the ongoing fiduciary redefinition effort.

President Barack Obama said he expects opposition from special interest groups to the pending fiduciary rule, even though specifics of the rulemaking have not yet been disclosed.

A Securities and Exchange Commission review of the financial services industry’s cybersecurity preparedness shows the vast majority of examined broker/dealers and advisers have adopted written information security policies.

Norm Champ will step down from his post as director of the division of investment management at the Securities and Exchange Commission (SEC) later in January.

The SEC has charged Standard & Poor’s with fraudulent ratings conduct related to ratings of mortgage-backed securities.

The investment management firm F-Squared Investments has agreed to pay $35 million and admit wrongdoing to settle fraud charges brought by the Securities and Exchange Commission (SEC).

The Securities and Exchange Commission (SEC) may soon require investment advisers to create transition plans.