Displaying 10200 results
Biden presidency to be ESG friend
From Paris climate deal and racial justice to renewable energy and diversity, Biden administration welcomed by ESG investors
DOL’s ESG rule an instance of America’s divide
It appears unlikely a Biden administration would be able to overturn the rule
SEC’s Lee says agency should consider rules for socially responsible investing
The commissioner suggested the SEC think about standardized reporting on climate risk for public companies and investment funds
What the DOL could look like under Biden
The agency would start reversing Trump policies as quickly as possible
UBS sued for $500 million by Chinese tycoon over deal gone awry
Wealthy Chinese businessman Guo Wengui steps up his fight over money he lost when the bank called in a margin loan
Fed leaves rates, asset purchases unchanged
Chair Jerome Powell stresses that the economy needs fiscal and monetary policy support
A divided government? No problem, most advisers say
There's a sense of relief that the extremes of both parties would be tamped down by a Biden presidency and a Republican Senate
Election results point toward divided government
That scenario could slow any attempt to change investment advice rules put in place under the Trump administration
SEC charges phony New Jersey adviser with $5 million fraud
Terrence Chalk allegedly ran a Ponzi-like scheme that promised 12% annual returns
Northern Trust target dates called out in two 401(k) lawsuits
The similar cases, against Allstate and Northern Trust, were also brought by the same law firms
SEC obtains record $4.7 billion in penalties, disgorgement
Enforcement cases drop in latest fiscal year, but agency officials tout results obtained amid pandemic challenges
Finra sues ex-BofA Merrill analyst who used corporate card for ‘adult entertainment’
Paramveer Singh, a former tech stock analyst, spent $21,000 at the club, Finra alleges
DOL took ‘ESG’ out of rule, added new hurdle for 401(k)s
Plan fiduciaries could have to prove that nonfinancial factors of ESG funds are in the best interest of workers, one lawyer said
Advisers weigh risks of adding ESG to retirement plan menus
With demand from investors growing, plan sponsors focus on their fiduciary duty
SEC eases rules for accessing private securities markets
The changes modernize private market rules and make it easier for small companies to obtain financing, according to SEC Chairman Jay Clayton
Election poses fresh challenge for Reg BI
If Democrats prevail, regulators may upset the new Reg BI standard, leading to big changes in fee structures — or they may just leave it alone
Retirement bill offers glimmer of hope
There’s a lot in the bill for pre-retirees, company sponsors and retirees, but the changes proposed for retirees jumped out at me
DOL releases final rule that could curb ESG in retirement plans
Agency takes the term 'ESG' out of the text, but opponents say the regulation's chill factor remains
Inheriting client assets? Finra says not so fast
The new rule requires reps to receive written permission before accepting an inheritance
Biden win would hit private equity deals
Biden's tax proposals and call for increased antitrust scrutiny would pose challenges for dealmakers
