Courtney Degen

Pensions & Investments

SEC prepares to loosen pay-to-play rule

By: Courtney Degen

The SEC submitted proposed amendments to its pay-to-play rule to the White House for review, signaling the agency plans to ease restrictions that bar investment advisers from working with government clients after making certain political contributions.

Pensions & Investments

CTF Active Global Equity Managers and CTF Active Emerging Markets Equity Managers Open Procurements

By: Courtney Degen

The Washington State Investment Board (WSIB) has the following two open searches to identify public equity managers for the Commingled Trust Fund (CTF):

Pensions & Investments

Why crypto regulations without legislation face threats from lawsuits, future administrations

By: Courtney Degen

Experts warn SEC and CFTC crypto rules lack the durability of legislation, leaving them open to lawsuits and reversal by future administrations without the Clarity Act backing them up.

Pensions & Investments

CFTC begins exploring crypto rules as Clarity Act faces uncertain future

By: Courtney Degen

While a bill to regulate crypto awaits a vote in the Senate, the Commodity Futures Trading Commission is preparing to create rules without it if necessary.

Pensions & Investments

DOL’s 401(k) alternatives rule likely to be finalized — but courts may decide how it’s applied

By: Courtney Degen

Kevin Walsh, principal and fiduciary practice leader at Groom Law Group, said he thinks the DOL will finalize a rule similar to its proposal.

Pensions & Investments

SEC’s crypto exemption proposal is important ‘first step’ for regulation. What comes next might matter more.

By: Courtney Degen

The SEC’s “Regulation Crypto Assets” marks an important step for the asset class, but future actions may be more consequential, experts said.

Pensions & Investments

North Carolina Investment Authority reveals $13.1 billion in investments and commitments, allocates $2 billion more to internal infrastructure portfolio

By: Courtney Degen

The North Carolina Investment Authority approved commitments and investments totaling $13.11 billion, also allocating $2 billion to an internal portfolio.

Pensions & Investments

HI x AI — the idea that could determine whether AI works for asset owners

By: Courtney Degen

AI’s success will ultimately depend on how asset owners incorporate it into their organizations, according to the Thinking Ahead Institute.

Pensions & Investments

World’s top 300 asset owners extend gains to record $27.7 trillion as equities drive surge

By: Courtney Degen

Assets from the world’s top 300 asset owners increased by 13.4% in 2025, totaling a record $27.7 trillion.

Pensions & Investments

SEC takes ISS to court as proxy-advisory crackdown intensifies

By: Courtney Degen

The SEC asked a district court to compel the proxy-advisory firm ISS to turn over information relating to its proxy recommendations and votes.