Trustees, Retirement Platforms Top Australian Regulator’s Priorities for Fiscal 2027
The Australian Prudential Regulation Authority will take extra care in the continued reaction to two 2024 master fund collapses.
Regulation
PBGC Makes Coverage Assessments for Prospective Pension Plans Permanent
The new program will allow employers to seek guidance on PBGC insurance coverage before establishing a defined benefit plan.
DOL Backs Bristol-Myers in PRT Appeal
The department joins business groups, insurers and states in warning that litigation threatens the pension risk transfer system.
SEC to Make E-Delivery Default for Investor Disclosures
A proposed regulation would allow firms to send prospectuses, shareholder reports and other required documents electronically without first obtaining investor consent.
Asset Manager, Industry Group Press SEC to Keep Quarterly Reporting
The ICI and the Capital Group warned that a semiannual option could reduce market transparency.
Consolidated Audit Trail Concept Release Elicits Strong Industry Support
SIFMA and the ASA are among the organizations urging Congress and the SEC to protect investors’ personally identifiable information.
Congress Passes Revised Bill to Limit Bulk Single-Family Home Purchases
The legislation bars companies that already own at least 350 properties from purchasing additional units.
PBGC Reaffirms Limits of Pension Insurance in First Opinion Letter in 24 Years
The agency also clarified that certain annuity buyouts do not trigger a reportable event.
PBGC to Pay Full Pensions for First Brands’ Workers
First Brands had terminated its pension plan, so the federal agency stepped in to ensure retirees receive their full benefits.
PBGC Proposes Technical Changes to Special Financial Assistance Program
The agency seeks to clarify investment rules, streamline withdrawal liability settlements and eliminate a contribution reallocation exception.
Digital Assets Regulation Central to SEC 5-Year Plan
The agency called for ‘legal certainty’ on blockchain and crypto asset technologies, while also prioritizing a reduction in mandatory corporate disclosures.
New York City Comptroller Warns Texas Move Would Disenfranchise Exxon Shareholders
Critics say recent Texas laws favor corporate decisionmaking at the expense of shareholders’ proposals and voting power.
Senate Banking Committee Advances Digital Regulatory Framework Bill
Lawmakers passed the legislation out of committee, securing two Democrat votes, but it faces expected concerns in the full Senate.
Atkins: ‘Let the Market Decide’ Frequency of Corporate Financial Reporting
The SEC recently proposed a rule that would allow public firms to opt for semiannual reporting instead of the current quarterly norm.
PBGC Initiates ‘Friend of the Court’ Program
The Pension Benefit Guaranty Corporation's project aims to help private parties in cases that could have broader implications for defined benefit pensions.