Kentucky Bill Aims to Ban Pension Middlemen

House State Government chairman Mike Cherry has said he aims to prohibit the state government's pension funds from paying well-connected middlemen, also known as placement-agents.

SEC Adopts Say-on-Pay for Shareholders

The Securities and Exchange Commission has adopted rules concerning shareholder approval of executive compensation and "golden parachute" arrangements.

SEC Names Ex-GSAM Investment Head

Seeking to protect investors through oversight and regulation, the regulatory agency has named Eileen Rominger the Director of Investment Management.