Legal

Nearly seven years after their lawsuit was filed, the plaintiffs in a self-dealing case against Citigroup will be allowed to move ahead with their claims.

Disability insurance policies that meet certain conditions will be treated by the IRS as plan investments and any proceeds received are treated as a return on that investment as opposed to plan contributions.

California cities may turn to bankruptcy courts to ease pension obligations after a judge ruled the California Public Employees Retirement System doesnt deserve special protection.

New Jersey now has a $90 billion unfunded liability for retirement and health obligations.

Expect enhanced enforcement efforts in insider trading, financial reporting and pyramid schemes.

SEC Commissioner Michael Piwowar says he has seen no evidence that retail investors are "systemically being harmed or disadvantaged under one regulatory regime as compared to the other."