SEC Pushes JOBS Act Rule Action to Next Week
The SEC announced before its open meeting on Wednesday that it would hold off on further action toward a rule on private-offering promotion until its Aug. 29 meeting.
SEC Backs Off Issuing Private Offering Rule
After repeated complaints, SEC Chairwoman Mary Schapiro instead will put the rule out Wednesday for public comment.
U.S. Court Curbs FINRA’s Disciplinary Powers
A federal appeals court in Manhattan ruled Wednesday that FINRA did not have the right to take its members to court to enforce its disciplinary actions.