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.
Regulation
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.
SEC Proposes Rule Reducing Frequency of Public Company Reporting
The proposal from the Securities and Exchange Commission would allow public companies to switch to semiannual financial reporting, rather than quarterly.
Bill Targeting Proxy Advisers Advances From House Committee
The legislation aims to curb required disclosures tied to political, social or environmental priorities unless they affect investment or voting decisions.
Fed Chair Nominee Kevin Warsh Pledges Independence Under Senate Scrutiny
President Donald Trump’s choice to head the Federal Reserve outlined his plans for an inflation overhaul and sidestepped rate questions.
SEC, CFTC Propose Reduced Reporting Requirements for Private Funds
The changes would undo enhanced requirements put in place under former President Joe Biden.
Federal Guidance: Proxy Advisers, Others May Be ERISA Fiduciaries
The Department of Labor clarified that proxy advisers “regularly fit the definition of functional fiduciaries” and that the actions of managers, sovereign funds and others could also make them advice fiduciaries.
Proposed Federal Budget for Fiscal 2027 Would Cut Staff, Funds for SEC, CFTC
The plan would further affect agencies already grappling with reduced staffing.
Weyerhaeuser PRT Complaint Tossed, Plaintiffs Granted Standing
The case can be amended and refiled in the same district court.
How Endowments and Foundations Can Deal With Federal Regulation Changes
Consultants and attorneys explain how these institutions can prepare for new standards.
Need for Tax Optimization, Liquidity Could Change ‘Endowment Model’
Higher tax bills may change the risk/return profile for a variety of asset classes that have long been favored by endowments and foundations.