More On Legal & Compliancefrom The Advisor's Professional Library
- Whistleblowers A whistleblower is any individual providing the SEC with original information related to a possible violation of federal securities law. The Dodd-Frank Act established a whistleblower program that enables the SEC to reward individuals who voluntarily provide such information.
- Preventing and Dealing with Client Complaints Although the SEC has not provided specific guidance on how client complaints should be handled, a firms policies and procedures should provide clear direction how to do so, as neglecting complaints can exacerbate a bad situation.
The top economic reports are spread throughout the week, with June new home residential sales coming on Monday, July 27; the Case-Shiller Home Price Index for May on the 28th, durable goods orders on July 29th, and advance second-quarter GDP numbers on Friday the 31st.
As for earnings, a number of insurance companies post their quarterly results this week, including Aetna, which reported early on July 27, The Hartford on July 29, and MetLife and Travelers on the 30th.
The Senate Joint Economic Committee meets on the 28th to discuss current trends in foreclosures, and hearings on corporate governance will be held on the 29th by the Senate Banking, Housing, and Urban Affairs Committee's Subcommittee on Securities, Insurance, and Investment.
Federal Reserve Chairman Ben Bernanke held a town hall-style meeting moderated by Jim Lehrer of the NewsHour in which he discussed the Fed's actions, the Depression, and the jobs market, among other issues; the video is here.