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

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

Industry confusion over IHT proposals, Sackers finds

Industry confusion over IHT proposals, Sackers finds

Survey finds industry has mixed views on government’s DC plans and 2025 priorities

Jasmine Urquhart
clock 19 February 2025 • 1 min read
Reeves: Final phase one pensions review report to be published in Spring

Reeves: Final phase one pensions review report to be published in Spring

Chancellor confirms plans for pensions in Oxfordshire growth speech

Jonathan Stapleton
clock 29 January 2025 • 1 min read
Public sector workers face uncertainty due to pension statement delays

Public sector workers face uncertainty due to pension statement delays

Royal London says delays until next month will ‘create uncertainty’ for self-assessment tax returns

Jasmine Urquhart
clock 24 January 2025 • 1 min read
Trustpilot