Peirce was reappointed to a Republican seat; Crenshaw fills a Democratic slot
Sen. Murray says agency is ‘charging ahead recklessly’ and could cost retirement savers billions
The pair now head to the Senate floor for a confirmation vote
There will be long-term financial fallout for some workers, and plan sponsors and advisers should be talking with them
Regulation would require ‘concise, visually engaging’ shareholder reports that help investors understand fees, risks and performance
The COVID-19 crisis will make some employers more open to PEPs, but the recent hit to the economy could mean slow uptake for those plans
The Insured Retirement Institute calls for raising RMD age, allowing catch-up retirement contributions
Plaintiffs in the class-action case alleged the school's retirement plans had high fees and poorly performing, restrictive investment options
Advocates for alternative investments oppose the provision, which is not likely to survive in the Senate
An adviser who recently left Fidelity allegedly used client data from his former job to contact prospects
The rewrite of the vacated Obama fiduciary rule also draws criticism from investor advocates
Many comment letters voiced opposition to the rule, stating that the proposed restrictions within 401(k)s would hurt investors and could lead to more lawsuits
Firms can classify meals as entertainment costs even if the get-together is happening online
Firms registered with the broker-dealer industry regulator saw their revenues and profits rise last year
‘Core’ suits, which don’t involve M&A, totaled 117
The DOL's proposal on using ESG investments in retirement plans could remind advocates of sustainable finance of the work still to be done
Compliance experts advise making potential conflicts clear, avoiding small print
The Fed chairman described the path forward as 'extraordinarily uncertain'
Consumers are reporting more problems with credit reports and money-transfer services
The wirehouse will become the latest major asset managers to enter the fray
