Legal

A New York-based private equity fund advisor has agreed to pay more than $2.3 million in fines and penalties.

The SEC awarded more than $30 million to a whistle-blower in its largest payout from a program started in 2011 to encourage people to come forward with evidence of securities fraud.

Wells Fargo & Co. agreed to pay $5 million to settle U.S. regulatory claims that its brokerage unit failed to prevent an employee from trading on nonpublic information related to the 2010 acquisition of Burger King Holdings Inc.

U.S. Treasury Secretary Jacob J. Lew said the department is finishing work to limit the benefits companies gain from moving their addresses overseas.

There were no investigators from the GAO at the Plan Sponsor Council of America meeting at the Turnberry Isle resort Wednesday, not at least any I could detect.

Something is out of whack with the state of retirement savings in the U.S., says Finance Committee Chairman Ron Wyden.