Judge Axes Pension Fund Lawsuit over Healthcare Shift
Pension participants filed suit after program’s pullout from healthcare coverage.
Regulation
Bitcoin Bites Child Pornographers
Cryptocurrency transactions help agents track down child porn ring leader.
UK Pension Regulator’s Widespread ‘Crackdown’ on Poor Recordkeeping Practices
Pensions found in poor accordance with standard practices face fines and penalties.
UK High Court Rules Women Not Entitled to Pension Compensation
Justices say they are ‘saddened’ by case but that their role ‘is limited.’
SEC Stops $1.7 Billion Unregistered Digital Offering
Emergency order prevents markets from being flooded with illegal tokens.
Kentucky Retirement System’s Strategy to Get Legal Victory Against Agency
State Supreme Court opinion says Seven Counties owes KRS contributions.
UK Pension Regulator Begins Widespread ‘Crackdown’ on Poor Recordkeeping Practices
Pensions found in poor accordance with standard practices face fines and penalties.
DeVry Settles Securities Lawsuit with Utah State Pension
School allegedly lied about its work placement rates for graduates.
Leading Democrats Press Private Equity Leaders over Controversial Private Prison Operation
Scrutiny of five PE firms’ involvement in private prisons begins with an information request.
Blockchain Firm to Pay SEC $24 Million for Unregistered ICO
US investors participated in ICO in which had not been approved by the regulator.
SEC Charges Three in Alleged $125 Million Fraud
Managers allegedly lied to investors, used funds to support ‘luxurious lifestyle.’
SEC Finalizes ‘Test-The-Waters’ Policy Expansion, Allowing Companies to Solicit Investor Interest Before IPOs
New rule removes Obama-era revenue cap of <$1 billion for companies to solicit investor feedback before going public.
Australian Regulator Loses Lawsuit Against Wealth Manager IOOF
Court rules APRA failed to prove firm broke pension laws.
Charity Founders Settle Charges of Defrauding Terminally Ill Clients
SEC accuses two of exploiting dying patients and profiting from their deaths.
MIT Endowment Returns 8.8% in 2019, Grows to $17.4 Billion
University addresses Epstein protests, launches internal review of donor relationships.