DOL: Retirement Plan Administrator Embezzled $5.5M
By Dinah Wisenberg BrinA firm and its owner transferred assets from 17 plans into their own corporate accounts, the department says.
February 23, 2024
New SEC Dealer Rule Will Hit Private Funds: SEC RoundupAIMA's Suzan Rose says the rule expands BD registration to entities not traditionally considered as such.
February 23, 2024
Ed Yardeni: S&P Could Hit 5,400 by Year-EndThe investment expert said the stock market is experiencing "the roaring 2020s," led by Nvidia.
February 22, 2024
Final DOL Fiduciary Rule Likely Out This YearThe rule is likely on a clock driven by the presidential election, ERISA lawyer Brad Campbell said.
February 22, 2024
Jackson Posts 80% Growth in RILA SalesLaura Prieskorn, the annuity issuer's CEO, says the product's nature makes managing risk work better.
February 22, 2024
Mercer Advisors Names New CFOGün Keresteci was previously the global head of finance at consultancy McKinsey & Co.
February 22, 2024
12 Worst Cities for Financial DistressMany Americans are experiencing money woes, including credit accounts in forbearance or with their payments deferred.
February 22, 2024
She Was Set to Break Goldman's Glass Ceiling. Now Beth Hammack Is LeavingNow, only one woman is in charge of one of the bank's three units; she leads Platform Solutions, which is being dismantled.