SEC Hits Teachers Insurance Subsidiary With $97M Fine

The Securities and Exchange Commission (SEC) has fined a subsidiary of Teachers Insurance and Annuity Association of America (TIAA) $97 million for producing inaccurate and misleading statements and a failure to adequately disclose conflicts of interest to thousands of participants in TIAA record-kept employer-sponsored retirement… Read More
Read more in: Politics, Legal & Regulation | Tagged retirement plans, sec, TIAA