SEC’s White ‘Proud of Progress’ at Commission
Mary Jo White told attendees at the Rocky Mountain Securities Conference that she was “proud of the progress” the SEC has made in reducing risk to investors.
SEC Charges UBS Arm With Improper Mutual Fund Pricing
The SEC on Tuesday charged an investment advisory arm of UBS with failing to properly price securities in three mutual funds that it managed, which resulted in a misstatement to investors of the net asset values of those funds.
Wachovia Settles SEC's ARS Charges
The SEC announced a settlement with Wachovia Securities LLC that will provide more than $7 billion in liquidity to customers who invested in ARS before the market collapsed.
SEC Names New Head of Midwest Office
Merri Jo Gillette, who helped lead the Securities and Exchange Commission's lawsuit against Pilgrim Baxter & Associates Ltd. for market timing of PBGH mutual funds, has been named regional director of the SEC's Midwest Regional Office.