REGULATION, LEGAL

Apollo Fined $53 Million Over Fees

The US Securities and Exchange Commission said the private equity firm failed to properly disclose conflicts of interest to investors.

Yale, MIT, NYU Sued Over DC Fees

Each of the three universities is facing litigation over “excessive” fees in their employee retirement plans.

The SEC’s New Enforcer

A private-equity fee investigator has been named asset management co-chief, shedding light on the regulator’s priorities.