SEC Adopts New E- Filing Rules
Changes aim to modernize regulator’s records management process and make filings more accessible to the public.
Regulation
NFT Marketplace Worker Charged With Wire Fraud and Money Laundering
Nathaniel Chastain was arrested for what the Justice Department calls the ‘first ever digital asset insider trading scheme.’
PBGC Soon to Release New Final Rule on Special Financial Assistance for Multiemployer Plans
Public commenters expressed concerns over investment restrictions, discount rate calculations.
Baltimore Firm Ordered to Restore Missing 401(k) Funds
Following a Labor Department probe, Bicallis LLC must pay more than $150,000 to its retirement plan and has been replaced as fiduciary.
New York AG Sues Albany Diocese Over Pension ‘Mismanagement’
Lawsuit seeks to restore lost benefits for more than 1,100 former St. Clare’s Hospital workers.
Court Rejects Legal Challenge to Illinois Pension Consolidation
Judge rules that voting for pension board members is not considered a 'benefit' under the state’s constitution.
UK Regulator Launches Pension Spot Check Inspections
The Pensions Regulator has also published for consultation a new enforcement and prosecution policy.
Legislators and Council of Institutional Investors Voice Support for SEC Cybersecurity Proposal
One commenter cautions that public reporting could unintentionally give criminals access to sensitive information.
Bill Would Silence Labor Department on 401(k) Investment Guidance
The Financial Freedom Act’s sponsor says the federal government should not involve itself in investment choices for retirement plans.
Regulators Unhappy With Bitcoin in Retirement Plans
This comes after Fidelity Retirement announced it would offer bitcoin as an investment for its 401(k) plans.
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.
European Pension Regulator Launches Climate Risk Stress Test for 2022
The regulator imagines what will be the effects of a climate shock to pension funds’ balance sheets.
Proposed SEC Rules Look to Shed Light on Opaque SPAC Deals
Regulator aims to protect vulnerable investors from being left holding the bag after insiders have ‘cashed out.’
Proposed SEC Rules Aim to Rein in High-Frequency Traders
Regulator says algorithmic trading requires expanding the definition of a dealer to level the playing field.