Pay-to-Play Pension Convict Granted Parole
Former New York State Comptroller Alan Hevesi is headed home after 19 months in prison for corruption.
Regulation
CalPERS' Lobbyist Sees More Stalling on Volcker Rule
2012 won’t be the year the highly controversial Volcker Rule finally sees daylight, according to the pension system's man in Washington.
SEC Posts 100% Returns
The SEC levied more than $3 billion in fines in FY 2012, double its $1.5 billion budget.
Get Collateral Moving, Says EU Trade Group
Demand for high-quality collateral is only going up, but the IT infrastructure to mobilize it isn’t up to the job.
Want Investment Freedom? Head to the Nordics
As the financial storm batters Europe, some regulators have eased investors’ pain while others have added to it, a research firm reports.
CalPERS Sues City of Compton Over Unpaid Contributions
California's state employee pension fund has taken action against one of the financially-floundering municipalities that owes the fund money.
Insurance Exec Steps Down After SEC Insider Trading Allegation
The US regulatory agency is charging a Denver-based insurance executive with insider trading.
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.