Legal

The DOJ has retreated from its criminal case against Goldman Sachs Group Inc, which it has been investigating since April 2011.

Two bond creditors say the bankrupt California city favored its pension obligations over its bond debts, and has challenged the move in court.

The DOL has come out with its own consumer-oriented video alerting participants to the upcoming wave of 401(k) fee disclosures.

Fines and disciplinary actions issued by FINRA are on track to be worse than 2011, with nearly $40 million in fines already issued in the last six months.

California's Help Hospitalized Veterans is under scrutiny again; its former head retired in 2009 with a $2 million pension retroactively inflated to provide more benefits.

Experts say that FINRA's new exercise "looks an awful lot like an examination and FINRA getting ready to play 'gotcha.'"