SEC Staff identified deficiencies with a majority of advisers examined. In the alert, the Staff noted that fee calculation-related deficiencies often result in financial harm to clients.

Ohio’s largest public pension system is suing Facebook, saying the social-media giant misled investors and other members of the public about the risks its products posed to children.

Institutional investors paid an average of 54.2 basis points for total fund expenses in 2020.

She leads consultant relations, institutional distribution and the retirement businesses, including strategy, development, management and growth of the defined contribution business in the U.S.

She will help assess investments in cybersecurity, cryptographic and quantum technologies.

She will support growth of the firm’s $7 billion emerging markets equity strategy.