Proposed Bill to Require Companies to Disclose Climate Risk
Legislation would require SEC to issue climate risk disclosure guidelines.
Regulation
Real Estate Advisory Firm, Execs Pay over $60 Million to Settle SEC Charges
SEC alleges firm wrongfully inflated incentive fees for two mergers.
TPR Cracks Down on UK Firms Changing Names to Shirk Pension Duties
Regulator is hunting employers that rebrand to try to dodge workplace pension responsibilities.
Federal Lawmakers Debate on Union Pension Crisis Fix
Some call for loans, others call for widespread reform for insolvent multiemployer pension catastrophe.
UK Supreme Court Pension Ruling to Apply to All Public Sector Plans
Government estimates rectifying age discrimination will add approximately £4 billion per year to plan liabilities from 2015.
Warren Legislation Would Publicize Private Equity Fees and Returns, and Tighten Pension Obligations
Presidential candidate blasts PE firms, targets predatory opportunities throughout the business model.
The SEC Wants to Lower Futures Minimum Margin Requirements
Proposition could have a substantial impact on the futures market.
Brazil’s Lower House Delays Pension Reform Vote, Irking Investors
The Chamber of Deputies will take until August to vote, and the Senate will need at least two months after that.
TPR Issues Guidance for UK Defined Contribution Plans
New laws that incorporate ESG requirements take effect in October.
UK, Dutch Authorities Bust €24 Million Cryptocurrency Theft
Six suspects allegedly used ‘typosquatting’ to target over 4,000 victims in 12 countries.
Kentucky Tries to Head Off Looming Pension Crisis
Gov. Matt Bevin asks special session of legislature this time to revamp quasi-government agencies’ retirement plans.
Supreme Court Declines to Hear Two Pension Fund Cases
Lower court rulings involving an automotive, mineworkers’ pensions maintained.
IRS Issues Endowment Tax Regulations
Higher education foundations finally get guidance on 2017 excise tax.
TPR: Badly Run Plans Must Improve or Consolidate
UK regulator says fewer, but better governed plans will benefit pension savers.
Chicago Governor Says No to Statewide Pension Crisis Fix
J.B. Pritzker claims a statewide pension consolidation would hurt the state’s credit rating.