SEC to Hold Muni Advisor Compliance Summit
The SEC, FINRA and MSRB will hold inaugural Compliance Outreach Program for Municipal Advisors in Chicago on Nov. 3.
Public Pensions Hiding Trillions in Liabilities, SEC Commissioner Says
Lax governmental accounting standards that have allowed systemic underfunding of public pensions would amount to fraud in the private sector, SEC's Daniel Gallagher.
New Hire Roundup: Convergent Wealth Advisors Welcomes Curran
Also, SEC named two to its Office of Municipal Securities, and Pensionmark Retirement Group welcomed Erik Swenson's firm as a partner.
SEC Issues Guide on Muni Advisor Registration, Extends Compliance Deadline
Among other matters, the guidance clarifies that advisors using swaps or security-based swaps in municipal entity portfolios do not have to register as municipal advisors.
Plaze to Leave SEC as Cross Joins Agency
The SEC announced Thursday that Robert Plaze, deputy director of the Division of Investment Management, is retiring from public service at the end of August while the SEC has named John J. Cross III the director of the agency’s new Office of Municipal Securities.
New Hires Roundup: 3 New Brokers at RJ; EisnerLubin Merges
Raymond James adds brokers from UBS, MSSB in south Florida; Erado expands; SEC job openings.