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Showing 31 - 40 of 59 results for "US Department"

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
... Trump's trade protectionism has exacerbated this trip further away from the principle of "laissez faire". The US Department of Agriculture has reportedly announced a US$12 billion short-term aid program to help farmers impacted by China's retaliatory ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

Fiduciary rule introduced in United States

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2017
... interests of clients in a bid to prevent the US$17 billion lost by retirement savers each year. Last Friday, the US Department of Labor partially introduced the impartial conduct standard - a fiduciary rule to curb conflicts of interest in relation to ...

SEC to run ad campaign promoting online consumer adviser checks

ALEX DUNNIN  |  FRIDAY, 4 MAR 2016
... free check of any authorised adviser or broker. The campaign follows the SEC stepping up its involvement in the US Department of Labor's reform proposals to introduce a universal definition of fiduciary duty that will bind all retirement intermediaries ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
Momentum is building against the US Department of Labor's (DOL) proposed fiduciary rule for retirement advisers with House Speaker Paul Ryan now joining the critics. The DOL has been working on expanding the fiduciary obligation since the GFC when millions ...

Watching out for the Hole

BENJAMIN ONG  |  FRIDAY, 31 JUL 2015
... this year. September lift-off here we come! Then again, maybe not... for inflation remains contained. Here's the US Department of Commerce Bureau of Economic Analysis' blurb: "The price index for gross domestic purchases, which measures prices paid by ...

US fiduciary rule fight not slowing down

ALEX DUNNIN  |  TUESDAY, 16 JUN 2015
... Kenneth E Bentsen, Jr, said the argument is not about what 'fiduciary' means but about the regulatory add-ons that the US Department of Labor (DOL) is likely to include in addition to any fiduciary rule. "The DOL's proposed definition of who is a fiduciary ...

Volcker Alliance proposes new US regulator system

ALEX DUNNIN  |  MONDAY, 27 APR 2015
... system-wide prudential rulemaking. They have also said the Office of Financial Regulation should be removed from the US Department of Treasury and become an independent entity. In its report, the Volcker Alliance said there are still too many regulators ...

Out with the old in with the newer

BENJAMIN ONG  |  THURSDAY, 26 MAR 2015
Uh-oh, what's the matter this time? The US Department of Commerce released bad US economic news overnight and Wall Street's down? What happened to the "bad news is good" mantra? Certainly the Fed's got its eyes on the latest update on what is considered ...

US fiduciary reforms will rock pension funds

ALEX DUNNIN  |  THURSDAY, 5 MAR 2015
... advice will rock the retirement fund sector. The proposal for a fiduciary advice standard is being pushed by the US Department of Labor (DOL) in its authority overseeing occupational retirement funds subject to the ERISA legislation. Lisa Bleier, managing ...