Aflac Turns to KKR as Kirsch Diversifies $120 Billion Portfolio
The company hopes to offset pressure from low rates on government bonds in the United States and Japan.
China Codifies Crackdown on `Irrational' Outbound Investment
Some big proposed and pending deals have involved insurance.
Bill With Fiduciary Rule Ban, ACA De-Funding Nears House Floor
One provision in H.R. 3354 would ban use of plan fees to keep the public exchange system going.
SEC Slams Banca IMI Securities With $35M Fine Over ADRs
Brokerage firm "made it possible for such ADRs to be used for inappropriate short selling or inappropriate profiting around dividend record dates," SEC said.
Citing DOL Rule, Girard Goes Indie With Cetera
Girard Securities is expected to start winding down its broker-dealer platform in November.
Deficiencies Found at 97% of BD Audit Firms
Deficiencies were observed in audits at 73 of the 75 firms inspected during 2016, PCAOB's annual report says.
Public Pensions Are a Good Deal for Taxpayers, Group Argues
Dismantling public pensions would be costly and short sighted, the National Conference on Public Employee Retirement Systems asserts.
25 Most Popular Stocks for Hedge Funds in Q2
One tech company was on both the most-bought and the most-sold list in the second quarter, according to WalletHub.
New York Says Health Insurers Must Cover Transgender Individuals
Medicaid plans in the state use gender identification rosters to clear up problems, a trade group executive says.
6 Big Banks Sued Over Alleged Stock Loan Collusion
Three pension funds called the $1.72 trillion international stock loan market good for the banks that do the lending but "bad for virtually everyone else."