Insurance Exec Steps Down After SEC Insider Trading Allegation
The US regulatory agency is charging a Denver-based insurance executive with insider trading.
Regulation
SEC to HF Advisers: You’re in or You’re Out
Time’s up for private fund advisories to register with the SEC.
SEC Slams Hedge Fund for Allegedly Lying About Returns
The Securities and Exchange Commission has charged New Jersey-based hedge fund firm Yorkville Advisors with fraud, alleging they overvalued assets under management and exaggerated returns.
Japanese Regulator Suspends Bank Over Pension Failings
Japan’s financial regulator has toughened its stance on banks’ pension activities, demanding better practice for investors.
Solvency II Lifeline Thrown to European Pensions
European pension funds have a chance to explain their fears over Solvency II as the European Commission calls for evidence.
Moral Hazard: Not Just for Bankers
The PBGC should have control over distressed pensions’ investing, according to one financial economist.
SEC Grills Asset Managers
The Securities and Exchange Commission's asset management unit has a watchful eye on newly registered investment advisers, including hedge fund and private equity firms.
Unsealed Lawsuit Claims Private Equity 'Collusion' at Blackstone, KKR, Bain Capital
Allegations swirl over emails among executives at private equity giants Blackstone, Kohlberg Kravis Roberts (KKR), and Bain Capital pointing to collusion as multibillion deals are at stake, court documents show.
The Swap Regulators Are Coming (Tomorrow)
A reporting rule affecting any fund using swaps comes into effect on Friday, and according to one data aggregation firm, institutional investors may not be ready.
No Jail Time for Former NY State CIO
David Loglisci was sentenced today for allowing a “culture of corruption” to develop while he led the state’s common retirement fund.
SEC Charges Hedge Fund Managers With Fraud
The Securities and Exchange Commission is shaking its finger at a pair of hedge fund managers for allegedly defrauding investors--and charging them.
Moody's: Harvard's Endowment Returns Signal Dark Clouds
Harvard's flat returns on its $30.7 billion endowment, the largest of any educational endowment worldwide, is a sign that other endowments are in trouble, rating agency Moody's has said.
Report Pins Swiss Pension’s Shortfall on Manager ‘Misconduct’
BVK, Switzerland’s largest pension fund, suffered losses due to unsound investment practices, a parliamentary investigation has found.
Pensions to Collect on BoA's $2.43 Billion Settlement
Eleven public pension funds, including CalPERS and Texas Teachers', were active participants in the lawsuit Bank of America has settled for $2.43 billion.
Goldman Fined $12 Million for ‘Secret’ Payments to Former Mass. Treasurer
A Goldman VP allegedly helped manage and fund the treasurer's run for governor, as the investment bank raked in more than $7.5 million in fees from the Treasury for securities services.