Ex-SEC Chief Schapiro Joins Compliance Firm Promontory
Schapiro joins several other former regulators at the strategy and compliance consultancy, which counts many large banks as its clients.
What I Learned at Our Compliance Conference, Pt. 2: What SEC Examiners Are Pursuing
What are the SEC's priorities in examining investment advisors? A look at OCIE's priorities, and at what may be the most underreported development in advisor exams.
SRO Is Key to Boosting Advisor Exams: Former SEC Chief Pitt
The SEC “can’t handle” examining advisors, Harvey Pitt said at the Investment Adviser Association conference.
Fidelity to SEC: Money Funds Don’t Need Further Reform
Fidelity Investments told the SEC on Friday that it believes the 2010 reforms made to money-market funds were “sufficient” and that any further reform proposals should be “be based on data and facts that are accurate and complete.”
Obama Names Mary Jo White New SEC Chief
President Obama on Thursday named Mary Jo White as the new chairwoman of the SEC, taking over from Elisse Walter.
SEC to Take Another Step Toward Fiduciary Rule
The SEC plans to issue a “concept release,” which will also likely include a request for information, in the first quarter regarding its rule to put brokers under a fiduciary mandate, Ken Bentsen of SIFMA said Wednesday.
SEC Names Grim Deputy Director of Investment Management
David Grim has worked in the division for 17 years, most recently as assistant chief counsel in its Office of Chief Counsel.
Four More Years? Fiduciary Proponents Need to Regroup
To prevent four more years of fiduciary gridlock in Washington, proponents of the fiduciary standard for all need to regroup. Proposed: four steps to change the discussion.
SEC’s Top Cop, Khuzami, to Leave
The SEC’s top cop, Robert Khuzami, plans to leave the agency later this month after four years as its enforcement director, the SEC announced Wednesday.
Top 13 Regulatory Predictions for 2013
Former SEC Commissioner Annette Nazareth, who’s now with Davis Polk & Wardwell, and her colleague Gabriel D. Rosenberg released in early January their list of 13 key regulatory predictions for this year.