Legal

Warren Buffetts Berkshire Hathaway Inc. didnt break promises on retirement benefits to employees of a brick-making business it acquired in 2000, the company said in a challenge to a lawsuit filed last month.

Barbara Roper says that in her discussions with Mary Jo White, the SEC chief gives every impression that this [rulemaking] is also a personal priority for her.

The firm, which oversees $27.7 billion, received a Wells notice from the Securities and Exchange Commission on Aug. 13.

A future form of ERISA can make it easier for companies to enroll in 401(k) plans sponsored by independent trustees.

MetLife Inc. is deemed systemically important by a panel of regulators, a decision that would subject the biggest U.S. life insurer to stricter Federal Reserve oversight.

The annual increased cost to RIA firms for user fee-funded examinations would be around $310 million, with an average cost per firm of $27,013.