SEC

Third Avenue Reaches Deal With SEC Over Troubled Fund

Third Avenue Management LLC has reached an agreement with the Securities and Exchange Commission to provide investors with updated values on its Third Avenue Focused Credit Fund, as the firm unwinds the troubled fund over the next year or so.

New Federal Crackdown on White Collar Crime

Justice Dept. policies are expected to be announced on Thursday intended to increase the number of white-collar cases brought against corporate executives. The new guidelines are intended to focus on individual executives from the start.

SEC Approves CEO/Worker Pay Gap Rules

The Securities and Exchange Commission on Wednesday approved new rules that require publicly traded companies to reveal the gap between what their CEO makes and what rank and file employees take home.

SEC Set to Approve CEO Pay-Gap Disclosure Rule

Regulators are set to approve a contentious new rule requiring companies to disclose the pay gap between rank-and-file employees and the chief executive, marking the culmination of years of debate and pressure on the Securities and Exchange Commission over a mandate from the 2010 Dodd-Frank law.

Pimco Discloses Wells Notice on ETF

Bond giant Pacific Investment Management Co. disclosed that it received a Wells Notice from the staff of the U.S. Securities and Exchange Commission concerning a popular exchange-traded fund, the Pimco Total Return ETF.