Securities and Exchange Commission - Page 4 of 4

THE U..S. SECURITIES AND EXCHANGE COMMISSION has fined Oaktree Capital Management for violating "pay-to-play" rules regarding campaign contributions to Gov. Gina M. Raimondo during her 2014 run for office. Her office said that the contribution was flagged and returned at the time. / PBN FILE PHOTO/MARK S. MURPHY

Money manager for state pension settles SEC complaint for violating ‘pay-to-play’...

Elections 07/11/2018

PROVIDENCE – Gov. Gina M. Raimondo is cited indirectly in a federal complaint against an investment advisory firm that handled state pension money when...

Beyond the average A piece of the Dodd-Frank financial reform law required for the first time that companies disclose the ratio of their CEO’s pay to the median salary of its employees, although the employers were allowed to exclude some workers from the calculation. / Sources: Company filings (Some companies excluded non-U.S. employees and others.)

Pay ratio disclosures show wide gaps between CEOs, employees

By the Numbers 06/01/2018

Out of the 19 public companies that are based in or have significant operations within Rhode Island and have filed proxy statements recently, 14...

THE FEDERAL RESERVE Board has introduced a proposal to scale back several elements of the Volcker Rule. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Fed releases proposal for easing Volcker Rule trading limits

Financial Services 05/30/2018

NEW YORK - Wall Street’s long campaign to chip away at the toughest trading restriction imposed on banks after the financial crisis is finally...

SUMMER INFANT reported a $2.7 million loss for the first quarter of 2018, citing a decline in baby monitor sales and the continued impact of the Toys "R" Us bankruptcy.

Summer Infant continues to feel Toys R Us bankruptcy as revenue...

Economic Activity 05/04/2018

WOONSOCKET - Summer Infant Inc., creator of infant and toddler products, reported a loss of $2.7 million in the first quarter of 2018 and...

THE DEPARTMENT OF JUSTICE is asking for more information in its review of the CVS Health-Aetna merger proposal, extending the waiting period on the application 30 days. / BLOOMBERG FILE PHOTO /MICHAEL NAGLE

DOJ seeks new info on CVS Health-Aetna merger, extends waiting period...

Government 02/02/2018

WOONSOCKET — The U.S. Department of Justice extended the Hart-Scott-Rodino Antitrust Improvements Act waiting period for CVS Health Corp. and Aetna Inc.’s merger review...

THE SEC HAS RULED that AmerisourceBergen Drug Corp. must allow shareholders to propose disclosing executive pay clawbacks related to opioid distribution misconduct. /BLOOMBERG FILE PHOTO/DHIRAJ SINGH

SEC: Drug distributor must allow shareholder vote on opioid-related clawback disclosure

Health Services 01/22/2018

PROVIDENCE— State Treasurer Seth Magaziner and national coalition Investors for Opioid Transparency have won an U.S. Securities and Exchange Commission ruling that AmerisourceBergen Drug Corp....