InvestmentNews

DOL proposal starts where Reg BI stops

Opponents say the DOL’s proposed rule overrides Reg BI by imposing fiduciary duty on brokers working with retirement savers. Backers say the measure fills in Reg BI’s gaps in investor protection. By ...
InvestmentNews

DOL proposal could chill the use of ESG in retirement funds

A Department of Labor proposal that would reform investment selection rules for retirement accounts could chill the use of socially responsible investments in them, experts said Wednesday. Tuesday ...
Business Wire

Cannae Holdings and Senator Investment Group Submit Proposal to Acquire CoreLogic

LAS VEGAS & NEW YORK--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”) and Senator Investment Group, LP (“Senator”), which, directly or through affiliated entities, jointly own or have ...
Business Wire

Western Asset Mortgage Capital Corporation Board Determines AG Mortgage Investment Trust, Inc. Proposal Is Superior to Terra Property Trust, Inc. Merger Agreement

PASADENA, Calif.--(BUSINESS WIRE)--Western Asset Mortgage Capital Corporation (NYSE: WMC) (“WMC”) today announced that WMC’s board of directors has determined in good faith, after consultation with ...
Investing

Autozi receives $300 million investment proposal from CDIB Capital

BEIJING - Autozi Internet Technology (Global) Ltd. (NASDAQ:AZI) announced Wednesday it has received a non-binding investment proposal from CDIB Capital International Holdings Limited to invest ...