The U.S. Securities and Exchange Commission on Monday launched a program to ensure brokerages and advisers are offering reasonable investment advice and disclosing conflicts to retirement-age investors.
The U.S. Securities and Exchange Commission is investigating allegations that Andrew Liveris, chairman and chief executive officer of industrial giant Dow Chemical Co, misused company funds for personal benefit, according to people familiar with the matter.
A U.S. Labor Department plan to reduce conflicts with brokers who offer retirement account advice drew criticism from the chief of Wall Street's self-funded regulator on Wednesday, who said it would shift enforcement from regulators to investors.
A newly created non-profit organization sued the U.S. Securities and Exchange Commission on Wednesday in an effort to force the agency to adopt rules requiring companies to disclose political contributions.
