New Hires Roundup: Senate Banking Panel Approves SEC Nominations; Gregg Goes to The Hartford
This week in new hires, the Senate Banking Committee approved several SEC nominations; Michael Gregg was welcomed at The Hartford; Tom Douie rejoined Neuberger Berman; and Carl Steinhilber and Roderick Toppin went to MassMutual.
Rep. Garrett Prods GAO to Study SIPC Trustee's Handling of Madoff Liquidation
Rep. Scott Garrett, chairman of the House Financial Services Subcommittee on Capital Markets, is calling on the GAO to investigate SIPC Trustee Irving Picard’s handling of the Madoff liquidation, as well as the SEC's oversight of the matter.
SIPC Public Forum Set to Discuss Modernization
The forum will be the second in a series of national public forums designed to solicit public input about the modernization of SIPC.
Independent BDs Tell SIPC to Drop Excessive Fees Levied Post Madoff
The National Association of Independent Broker/Dealers is warning the SIPC that if it fails to decrease the annual fees it boosted significantly on small and medium-sized BDs after the Bernie Madoff Ponzi scheme, NAIBD will take the issue to Congress.
Rep. Steve Garrett Re-Introduces Bill to Protect Madoff Investors
Rep. Scott Garrett, R.N.J., chairman of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises reintroduced on Feb. 17 legislation, H.R. 757, to protect investors defrauded by the Bernie Madoff Ponzi scheme.
SIPC Announces First Online Forum on Heels of Kanjorski Criticism
As part of its efforts to modernize, the Securities Investor Protection Corp. will hold its first-ever online forum for investors who want to speak out about the SIPC's operations at 8 p.m. EDT on September 14 at www.SIPCModernization.org.
House's September Agenda: GSEs, SIPA
The House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises plans to tackle the future of housing finance and the limitations of the Securities Investor Protection Act when it re-convenes in September
Commonwealth Financial Updates CMS; Improves Info Flow for Advisors
Commonwealth Financial Network has released a revised version of its CRM 4.0 contact management system that includes two-way wireless synchronization, an updated Web-based calendar,...
SIPC Gets New Directors
The U.S. Senate has confirmed three new directors to the Securities Investor Protection Corp. (SIPC), which maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms.
Clients of Brokerage Involved in Fraud Case To Rec
Feb. 28, 2003 -- Lord Abbett money manager Stephen McGruder will retire at the end of September, stepping down as WASHINGTON (HedgeWorld.com)--Liquidation claim forms will...