The SEC Is Broken
A decades-old law and the origin of new commissioners stymies consensus building and rulemaking at the Securities and Exchange Commission.
Gallagher Sworn In as SEC Commissioner
The Securities and Exchange Commission announced on Monday that Daniel M. Gallagher has been sworn into office as an SEC commissioner.
Schapiro Defends Denial of Freedom of Information Act Requests
Securities and Exchange Commission Chairman Mary Schapiro defended a controversial part of the new Wall Street reform law as "central to our ability to develop...
SEC Votes to Regulate EIAs as Securities
Making a final determination on a long anticipated decision on whether equity indexed annuities (EIAs) are insurance products or securities, the SEC voted December 17 to regulate EIAs as securities.
SEC Requires 'Concise' Info
The Securities and Exchange Commission has voted unanimously to require fund companies "to provide investors with a concise summary -- in plain English -- of...
SEC to require public interactive data for mutual funds, public companies
The SEC voted in approval Thursday to require public companies and mutual funds to use interactive data for financial information in an effort to increase...
THEY CAN SEE CLEARLY NOW
While the Treasury Department of Henry Paulson drives the $700 billion Troubled Assets Relief Program bus that is meant to restore confidence and liquidity to...
SEC Okays Summary Prospectus
The Securities and Exchange Commission has put off until December 3 a vote on adopting rules that would curtail conflicts of interest among credit ratings agencies.
The SEC Rethinks Disclosure
At a time when the markets are at their worst, the Securities and Exchange Commission, via its 21st Century Disclosure Initiative, is examining how to...
Sticking Up for Senior Investors
As the market turmoil rages on, one group of clients--seniors--don't have the luxury of being able to take some hits to their portfolios now with...