SEC softens stance on placement agent crackdown

clock

US - US regulators seem to have softened their stance on placement agents who are hired by investment managers to win contracts from public pension funds.

The Securities and Exchange Commission had last year proposed to ban such middlemen after the discovery that third-party marketers had bribed government officials with influence over contract award...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

SPP: The CDC revolution – Promise, pitfalls, and progress

SPP: The CDC revolution – Promise, pitfalls, and progress

Phil Wadsworth says CDC is a chance to reshape pensions and improve outcomes

Phil Wadsworth
clock 03 December 2025 • 3 min read
LCP finds progress from master trusts on climate change policy advocacy

LCP finds progress from master trusts on climate change policy advocacy

But analysis of 16 master trusts finds ‘key gaps’ remain

Jasmine Urquhart
clock 20 November 2025 • 2 min read
'Strong appetite' among industry for CDC schemes

'Strong appetite' among industry for CDC schemes

Survey finds appetite for releasing surplus in correct conditions

Jasmine Urquhart
clock 19 November 2025 • 2 min read
Trustpilot