Now that the much-anticipated Rand study of the broker/dealer and investment advisory industries is out, it promises to be the biggest topic of discussion for...
Will the SEC Appeal?
A question on everyone's mind these days is whether the Securities and Exchange Commission will appeal the recent federal appeals court ruling that overturned the...
Safe-Harbor Comments Flow Over Deadline
WASHINGTON (HedgeWorld.com)--When the Securities and Exchange Commission requested comment on its interpretation of the client commission practices permitted under section 28(e) of the Securities Exchange Act of 1934--i.e., the "soft-money/safe-harbor rule"--it set a deadline of Nov. 25. Thirty-three comments arrived before that date, including one from the Managed Funds Association....
Investment advisors and mutual funds are prodding the Securities and Exchange Commission to revamp and curtail its use of its new two-year examination schedule called...
New Rules on Lawyer's Responsibilities, Proxy Disc
The SEC takes some votes, but is still accepting c