U.S. Supreme Court to Examine SEC’s Disgorgement Powers in Key Fraud Case
The U.S. Supreme Court is set to hear arguments on the scope of the Securities and Exchange Commission’s authority to recover profits from illegal activities, known as disgorgement. The case centers on whether the...
US Proposes New Rules to Open 401(k) Plans to Alternative Assets
The U.S. Department of Labor on Monday unveiled long-awaited proposed rules aimed at clarifying how retirement plan trustees can include alternative assets—such as private equity and cryptocurrencies—within 401(k) plans. The move is designed to...