New SEC Chairwoman Walter Appoints Two Acting Directors
During her first day as the new chairman of the SEC, Elisse Walter appointed two acting directors, one to the Division of Corporation Finance and the other to Trading and Markets.
3 Reforms of Money Market Funds Advanced by FSOC
The Financial Stability Oversight Council, using authority under Dodd-Frank, votes unanimously on the proposals and seeks public comment.
FACI: Its Flavor Is International, Its Focus Is on Domestic Regs
The long-awaited modernization report is expected “in the near future,” according to Michael McRaith—perhaps this August recess?
FACI Meeting Sets Sail Aug. 6 on International Issues
FACI's agenda reflects Federal Insurance Office director Michael McRaith's global view of FIO's role currently, not insurer pet peeves.
'The FIO Report' isn't the only one overdue-- interested parties guess at reasons for delay
Seasoned D.C. and N.Y. insurance types provide little insight, a few guesses in an information vacuum.
Industry Groups Press DOL for ‘Progress Report’ on Fiduciary Redraft
The Financial Services Institute and Financial Services Roundtable are pressuring the Department of Labor to release a “progress report” on the department’s redrafting of its rule amending the definition of fiduciary under ERISA.
SEC’s Schapiro to Congress: Budget Boost Needed to Modernize EDGAR, Add Staff
SEC chairman says 676 new employees could be added under Obama budget request; agency reviewing regional offices.
SEC, CFTC Issue Joint Rule Proposal on Identity Theft
The SEC on Tuesday announced a rule proposal to help protect investors from identity theft by ensuring that broker-dealers, mutual funds, and other SEC-regulated entities create programs to detect and respond appropriately to red flags.
11 Predictions for 2012 Election by UBS: The Issues
UBS Wealth Management recently released its first in a series of five Election Watch 2012 reports designed to guide investors through the critical issues and developments of this pivotal year for the political landscape.
SEC Tightens Rule on Advisory Performance Fees
The SEC announced Thursday that it is tightening its rule on investment advisory performance fees to raise the net worth requirement for investors who pay performance fees by excluding the value of the investor’s home from the net worth calculation.