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 Walter: Fiduciary Rule Under ‘Serious Consideration’
By Melanie Waddell"I think this [rulemaking] should be a priority because it is a benefit to investors," Sen. John Tester of Montana told the chairwoman during a Senate Banking Committee hearing on Thursday. "You should push it."
February 01, 2013
SEC Names Acting, Deputy Directors of EnforcementThe SEC announced Thursday that George Canellos has been named acting director, and that David Bergers, director of the SECs Boston Regional Office, has been named acting deputy director.
January 31, 2013
SEC Enforcement Roundup: $300M Resort Scam Leads to Rum-Soaked InvestmentAmong other enforcement actions this week, the SEC charged five former real estate executives in a $300 million Ponzi scheme involving phony investments in resorts. The spoils went toward boats, planes and a rum distillery.
January 29, 2013
SEC Names Hoecker Inspector GeneralThe SEC announced Tuesday that it has named Carl W. Hoecker as its Inspector General. Hoecker currently serves as inspector general for the U.S. Capitol Police and will replace David Kotz, who left the SEC last year.
January 29, 2013
First 3 tasks for Mary Jo White at the SECWill White be able to set a high standard for fraud cases?
January 28, 2013
SEC Charges Former Jefferies Exec With MBS FraudThe SEC on Monday charged a former executive at New York-based broker-dealer Jefferies & Co. with defrauding investors while selling mortgage-backed securities in the wake of the financial crisis.
January 25, 2013
Fidelity to SEC: Money Funds Don’t Need Further ReformFidelity Investments told the SEC on Friday that it believes the 2010 reforms made to money-market funds were sufficient and that any further reform proposals should be be based on data and facts that are accurate and complete.
January 24, 2013
SEC’s 16 Biggest Penalties Since Financial CrisisThe SEC recently released a roundup of its financial crisis enforcement actions, highlighting some of the more than 150 firms and individuals the agency has levied charges against since 2008.