No Firm Too Small to Escape Scrutiny, SEC Chief Tells SIFMA
SEC Chairwoman Mary Jo White spoke at SIFMA's annual meeting about admissions of guilt, the SEC's credibility problem and Volcker rule progress.
New Hire Roundup: Obama Taps Massad as CFTC Chief
Meanwhile, SEC named Gaunt chief of enforcement division’s municipal securities and public pensions unit, Rob Jasminski joined Citi Private Bank and more.
Madison Avenue Meets Greenwich, Conn.
Whether Sept. 23, 2013, will be remembered as a red-letter day for the hedge fund industry remains to be seen.
SEC Issues Risk Alert and Reminder: Continuity Plans and Reg S-ID
A good disaster recovery plan will not only protect your firm from unnecessary scrutiny, it may also help maintain your client relationships and your business.
Reporting Elder Scams Doesn’t Break Privacy Law
Seven federal agencies issued guidance Tuesday clarifying that the privacy provisions of the Gramm-Leach-Bliley Act generally permit reporting of suspected elder financial abuse.
Disaster Recovery Plans Part of Fiduciary Duty, SEC Says
The SEC is alerting advisors that it’s part of their fiduciary responsibility to ensure they have proper business continuity and disaster recovery plans in place.
As Hurricane Season Looms, Regulators Push Disaster Recovery Awareness
SEC, FINRA and CFTC issue a joint advisory on disaster recovery best practices.
How Financial Reform Became a Fiasco
Three years after Dodd-Frank’s passage, President Obama and Congress have failed to shepherd sound financial-industry rules, or level with the public.
Senate Panel Okays 33% SEC Budget Hike, Setting Up House Tussle
The Senate Appropriations Committee approves 33% SEC budget increase, or $353 million, setting up a battle with the House, which only seeks a $50 million increase. At stake could be more RIA examiners.
Court Upholds CFTC Commodity Pool Rule; Rejects ICI Appeal
A federal appeals court on Tuesday upheld new CFTC rules that will require many investment companies to register as commodity pools.