SEC Issues Form CRS FAQs on Disciplinary History Disclosures
The SEC issued new Form CRS FAQs regarding disciplinary history disclosure requirements.
October 09, 2020
Tags: Disciplinary History, Form CRS
IAA Urges the DOL to Withdraw Proxy Proposal
Saying the Department of Labor’s proposed ERISA proxy amendments “would substantially increase costs for plans and fiduciaries without providing measurable benefits to participants and beneficiaries,” the IAA is urging the DOL to withdraw those proposed amendments.
October 07, 2020
Tags: DOL, ERISA, Gail Bernstein, Proxy
Commissioner Lee: The Economics of Diversity in Capital Markets
When it comes to the importance of diversity and inclusion in the capital markets and the corporate world, SEC Commissioner Allison Herren Lee says the economic evidence is in: diversity correlates with enhanced performance.
October 02, 2020
IAA, Other Industry Groups Request More Time to Respond to DOL Proxy Proposal
The IAA joined several other trade associations to ask the DOL to provide a 30-day extension to the October 5 deadline for public comments on the its proposal regarding proxy voting and the use of proxy advisory firms under ERISA.
October 02, 2020
Harris Associates GC Rana J. Wright Joins IAA Board of Governors
Wright was appointed by the Board to fill the term of departing governor Karen Aspinall of PIMCO.
September 24, 2020
Tags: IAA Board, Rana J. Wright
SEC Chairman, Enforcement Director Reinforce Focus on Retail Investors
Jay Clayton, Chairman of the SEC, recently gave a speech in which he reiterated his focus on retail investors.
September 24, 2020
IAA, Other Industry Groups Call for Modernized E-Delivery Framework
The IAA, along with several other industry trade groups, has issued a discussion paper urging the SEC to update its regulations to establish electronic delivery as the primary means for delivering required disclosures to investors.
September 23, 2020
Tags: Disclosure, E-Delivery, Electronic Delivery
OCIE Warns of Increased Cybersecurity Attacks Involving “Credential Stuffing”
The SEC’s Office of Compliance Inspections and Examinations (OCIE) has issued a Risk Alert on defenses against a cyber attack method called “credential stuffing.”
September 23, 2020
Tags: OCIE, Cybersecurity, Risk Alert
New, supplemental SEC guidance regarding the proxy voting responsibilities of investment advisers took effect on September 3, when it was published in the Federal Register.
September 03, 2020
Tags: Proxy, Proxy Advisory Firms
DOL Proposes Dramatic Changes to Proxy Voting by ERISA Plan Fiduciaries
The DOL has proposed to amend its “Investment duties” regulation to address proxy voting and the use of proxy advisory firms under ERISA.
September 01, 2020
Tags: DOL, ERISA, ESG, Proxy, Retirement Plans