Familiar Face Returns to SEC as Two Commissioners Plan Exit
A familiar face with deep roots on Wall Street has returned to the Securities and Exchange Commission to help the agency draft its fiduciary rulemaking just as two agency commissioners are planning to exit.
SEC’s Former IM Director Returns to Help Craft Fiduciary Rule
Andrew "Buddy" Donohue's "deep knowledge of asset management will be especially useful" as the SEC considers a uniform fiduciary standard, said Chairwoman Mary Jo White.
Fiduciary Duty Concept Release Likely by Summer: Ex-SEC Exec
The SEC may likely issue a concept release this summer regarding putting brokers under a fiduciary mandate, Andrew “Buddy” Donohue, the former director of the SEC’s Division of Investment Management, said Monday.
As SEC Loses Two Key Directors, a Replacement Is Named
As the SEC loses two key players from its team--Buddy Donohue and Henry Hu--Jennifer McHugh will take over for Donohue.
Buddy Donohue, SEC's Investment Management Director, to Leave Agency in November
Andrew "Buddy" Donohue, director of the Securities and Exchange Commission's Division of Investment Management, is leaving the agency in November.
OCIE Head Says Expect Harder Exams for Risky Practices
The new head of the SEC Office of Compliance Inspections and Examinations says investment advisors can expect "harder and deeper" exams if they are dealing in risky practices.
Advisor Issues at Fore of SEC Agenda
Custody rule takes affect March 12; SEC working on final pay-to-play rule.
SEC Cracks Down on 'Pay to Play'
Proposed rule would curtail advisors' use of such practices on retirement and 529 plans
SEC Won't Pursue 12b-1 Reform
Donohue says priority this year will be B/D and advisor regs
SEC Officials Speak Out on Compliance and a New SRO
Exam priorities, harmonization of B/D and advisor rules, and reinstating uptick rule in the spotlight