SEC Halts Alleged Diamond-Related ICO Ponzi Scheme
Regulator charges cryptocurrency firms with securities fraud.
Regulation
New Bill Would Conduct the Largest Investigation of Private Pensions in 40 Years
Bipartisan senators look for new ways to ensure retirement security.
Rhode Island Secures Church Pension Transparency
Bill’s passage will solve reporting loophole in religious institutions.
Institutional Investors Call for Workplace Disability Inclusion
Only 29% of working age Americans with disabilities are employed.
Switzerland OKs Tax and Pension Reforms
Referendum ends lower taxes aimed to attract foreign companies and boosts contributions to the state retirement system.
TPR Tightens Regulatory Grip
UK regulator’s three-year corporate plan calls for more proactive, targeted approach.
SEC Settles Charges Against Blockchain Investor
Canada’s NextBlock allegedly misled investors as to who was advising the company.
Chicago Sues State Comptroller over Pension Intercepts
City funds have been diverted to local pensions over alleged unpaid contributions.
Hospital Retirees Sue Newark Archdiocese for $2.7 Million in Lost Benefits
Suit claims Archdiocese hid IRS ruling that revoked ERISA protection.
FCA Bans, Fines Directors over £1 Million for Bad Pension Advice
Regulator said ‘reckless behavior’ led over 2,000 customers to invest $98.5 million in risky assets.
TPR Fines McDonald’s Franchisee Trustee for Breach of Pension Law
Fine of £104,000 largest ever handed out to trustee by UK regulator.
The SEC’s Newest Proposals Would Make Private Equity a Bit Easier on the Eyes
New rules would make the PE arena a lot more navigable, welcoming, and lucrative.
Arizona Public Safety Execs to Recoup Lost $170,000 in Bonuses
Money, to be awarded for 2013 performance, had been delayed due to controversy.
US to Return $196 Million Stolen from Malaysian State Fund
Recovery just a small portion of the $4.5 billion siphoned from 1MDB investment fund.
Treasury Approves Benefits Reduction for Pennsylvania Pension
Pension said it will become insolvent in 10 years without benefits cut.