Former State Street Executive Convicted of Defrauding Transition Management Customers
The SEC's complaint alleges that the former executive led a scheme to add secret commissions to securities trades performed for...
Tag: Securities and Exchange Commission
Former New York Retirement Fund Employee Sentenced in Pay-to-Play Scheme
Navnoor Kang allegedly used his position to direct up to $2.5 billion in state business to registered representatives at two...
Non-ERISA 403(b)s Could Be Affected by SEC Conflict of Interest Proposal
The Wagner Law Group says non-ERISA 403(b) plans may satisfy the definition of “retail customer” in the Securities and Exchange...
SEC Finds Merrill Lynch Traders Overcharged for RMBS
The brokerage firm will pay more than $15 million in settlement.
SEC Seeks Comments on Fund Disclosures and the Fees Charged for Them
The agency also adopted a new rule allowing fund companies to share information via the Internet.
Opinions |
Barry’s Pickings: The Possibility of a ‘Provider’s ERISA’
Michael Barry, president of October Three (O3) Plan Advisory Services LLC, discusses how the Securities and Exchange Commission’s (SEC)’s broker/investment...
SEC Proposes Moving Public Liquidity Risk Disclosure to Annual Reports
This would replace a pending requlation that would have required the disclosure to be made on Form N-PORT on a...
SEC Secures Fee Rebates for Faith-Based 403(b) Plan Sponsors
The SEC says Envoy Securities received at least $24,893.26 in 12b-1 fees in connection with investments in higher-fee share classes.