On March 30, the Department of Labor proposed its long-awaited Investment Selection Rule, which outlines a “non-exhaustive list of six factors for a plan fiduciary to objectively, thoroughly, and ...

World-Class Partnership Assembled to Deliver City-Defining Project Including: Related, Skanska, Greystar, Gilbane, Blue Sky Communities, Open Realty, Stadler Development Blake Investment Partners, an ...

University board members from schools across the country are mounting an opposition campaign to regain control over who at their schools has the authority to sign onto the Big Ten’s $2.4 billion ...

While the CFP Board supports the proposal, the FPA has expressed concerns about the DOL rule potentially raising compliance costs for members, increasing the cost of advice and reducing access to ...

Trade groups question a provision in the proposal that would deem advisors with discretionary authority over client accounts to have control of the assets. By Mark Schoeff Jr. Organizations ...

The Big Ten has been considering making a deal with an investment group tied to the University of California system to infuse the conference with cash -- but giving some power to an outside group from ...

A panel that reviews foreign investments will get new powers to obtain information and levy higher fines under a proposal from the Treasury Department, a move that comes amid intense official scrutiny ...

Vice President Kamala Harris‘s presidential campaign recently revealed a plan to raise capital gains taxes on the nation’s wealthiest. And the Democratic nominee’s proposal is a bit of a departure ...

Clementy Group – a UK-based investment firm – has decided to scrap its plans to invest €95 million ($104.5 million) in Fimer, as the Italian inverter maker’s shareholders have reportedly failed to ...

Aimfinity Investment Corp. I revises charter amendment proposal ahead of shareholder meeting, extending redemption request deadline to January 8, 2025. Aimfinity Investment Corp. I (AIMA) announced a ...