SEC
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations (such as Regulation Best Interest), enforcement actions and related activities.
SEC’s White Pushing to Finish Fiduciary Proposal ‘Quickly’
By Melanie WaddellSEC Chairwoman Mary Jo White told lawmakers Tuesday that the agency is focused on completing rules covering fiduciary duty.
July 25, 2013
SEC, DOL Enforcement: Cohen’s SAC Capital Faces Criminal ChargesThe SAC Capital insider trading scandal featured in enforcement actions this week, along with SEC charges against the City of Miami and a DOL settlement with the trustee of a defunct garment companys pension plan.
July 25, 2013
Senate Panel Okays 33% SEC Budget Hike, Setting Up House TussleThe Senate Appropriations Committee approves 33% SEC budget increase, or $353 million, setting up a battle with the House, which only seeks a $50 million increase. At stake could be more RIA examiners.
July 23, 2013
Lawmakers Challenge Hedge Fund Ad RulesTwo representatives warn the SEC that the rule, requiring funds to file "wildly expanded" paperwork 15 days before advertising starts, runs afoul of the JOBS Act's intent and would "delay free speech."
July 23, 2013
After Bitcoin Ponzi Scheme Charge, SEC Warns of Virtual Currency ScamsFollowing charges it leveled against Trendon Shavers for Bitcoin Ponzi scheme, SEC warns investors about fraudulent investment schemes involving virtual currencies.
July 23, 2013
Disclosure of CEO-to-worker pay may be soonThe rule would require reporting CEO compensation as a multiple of median-worker pay.
July 23, 2013
Disclosure of CEO-to-worker pay may be soonThe rule would require reporting CEO compensation as a multiple of median-worker pay.
July 23, 2013
SEC fiduciary rule unlikely in Dodd-Frank’s third yearThis year might not see a uniform fiduciary rule, but it could see the first SIFI designation of an asset management firm.