The SEC has released a series of frequently asked questions on its 2014 reforms of money market mutual funds. The FAQs represent staff views on the new rules and address a number of issues including which investors would be eligible to invest in retail prime money market funds starting in October 2016 when the reforms take effect.
The Department of Labor on Friday said it would extend the comment period for its rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.
ABA yesterday repeated its call for the Department of Labor to extend the comment period for its rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.
As the Senate Finance Committee solicits feedback on comprehensive tax reform, ABA and several other business trade groups yesterday urged the committee not to change the tax treatment of employer-sponsored retirement plans and individual savings vehicles like IRAs.
The Department of Labor today re-proposed a rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.