Mutual fund

Mutual Fund Operators Accused of $100M Fraud
Risk & Compliance

Mutual Fund Operators Accused of $100M Fraud

The SEC says Ofer Abarbanel and Victor Chilelli misappropriated investor funds to buy Treasury securities for themselves.
By Matthew Heller | June 22, 2021
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Vanguard Reaches Tax Settlement With Texas
Tax

Vanguard Reaches Tax Settlement With Texas

A whistleblower has alleged the mutual-fund giant charged its funds below-market prices for advisory services to reduce its tax liability.
By Matthew Heller | November 23, 2015
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BNY Mellon’s Systems Back to Near Normal
Technology

BNY Mellon’s Systems Back to Near Normal

'We do not yet know the root cause of the failure, but we will be conducting a thorough analysis,' said the bank's CEO.
By Katie Kuehner-Hebert | September 1, 2015
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BNY Mellon’s Software Glitch Delays Fund Calculations
Corporate Finance

BNY Mellon’s Software Glitch Delays Fund Calculations

Troubles in an outsourced accounting system leave mutual fund and ETF investors unsure of the value of their holdings.
By Katie Kuehner-Hebert | August 27, 2015
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Fund Providers Look for a Way Around Money-Market Rules
Regulation

Fund Providers Look for a Way Around Money-Market Rules

Dissatisfied with new SEC rules, providers of prime money-market funds are thinking of offering alternatives that would be less heavily regulated.
By Katie Kuehner-Hebert | March 17, 2015
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High Court to Hear ERISA Fiduciary Breach Case
Retirement Plans

High Court to Hear ERISA Fiduciary Breach Case

The Supreme Court agrees to consider the case of Edison International employees who claim the company provided "imprudent plan investments."
By Matthew Heller | October 2, 2014
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Investors Demanding Higher Yields on Junk-Rated Loans
M&A

Investors Demanding Higher Yields on Junk-Rated Loans

Loan issuers with risky or large deals are having to bump up spreads and increase discounts to clear the market.
By Vincent Ryan | May 6, 2014
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401(K) Sticker Shock?
Corporate Finance

401(K) Sticker Shock?

Plan sponsors hope to head off federal rules that would require them to disclose more of their costs.
By Robert Stowe England | May 1, 1998
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Forum: Simpler Isn’t Always Better
Strategy

Forum: Simpler Isn’t Always Better

Instead of adding clarity, plain English muddies the waters..
By Gabor Garai | March 1, 1998
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To Bundle, Or Unbundle?
Banking & Capital Markets

To Bundle, Or Unbundle?

More 401 (k) plan sponsors are snipping the ties that bundle services.
By Gordon Williams | October 1, 1997
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