New Hire Roundup: Bowen Is Acting Chair at SIPC; Pologe Goes to Genworth
This week in new hires, Genworth welcomed David Pologe and David Ford joined Securities America.
Securities Experts Release SIPC Modernization Report
The 68-page report, the results of which include actions taken based on public comment and concerns voiced by members of Congress, includes 15 recommendations that cover everything from increased protections for consumers to continuing public education.
SEC Sues SIPC to Recover Funds in Stanford Scheme
The SEC on Monday asked a federal court to order the SIPC to initiate a liquidation proceeding for investors who were victims of the Ponzi scheme carried out by Allen Stanford.