Gibson Dunn: No 'Circuit Split' on DOL Rule; Decision Applies Nationwide
By Nick ThorntonThe decision removes the fiduciary rule from the books, say attorneys who argued against the DOL rule.
March 19, 2018
SEC Awards Merrill Whistle-Blowers Record PayoutThree individuals helped agency bring 2016 case, lawyer says; SEC didn't name people involved, citing confidentiality rules.
March 19, 2018
Actively Managed Funds Disappoint in 2017 With Some Bright SpotsThe S&P Dow Jones Indices reports that most actively managed stock and bond funds underperformed their benchmarks indexes for 2017 except for growth stock funds.
March 19, 2018
MSCI Gets Ready to Add China A Shares to Select IndexesThe A shares, which trade on the Shanghai and Shenzhen exchanges, will be added as partial weights to MSCI indexes, on June 1.
March 19, 2018
T. Rowe Price Launches Multi-Strategy Total Return Fund: Portfolio ProductsAlso, BNY Mellon added an actively managed multisector bond fund to its distribution platform.
March 19, 2018
Clayton: SEC Fiduciary Rule on Track Despite DOL Court DefeatAt the SIFMA compliance conference, Jay Clayton told Ken Bentsen that the court ruling on Labor's fiduciary rule "hasn't affected" the SEC's approach to its fiduciary rule-making.
March 18, 2018
New York Insurer Resolves Social Security Number BreachThe insurer will pay an amount equal to about $7 per Social Security number exposed.
March 18, 2018
Judge Lets Class Action Against Cigna Move ForwardThe plaintiffs are suing both Cigna and a pharmacy benefits manager.