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 Brings More Insider Trading Actions in Galleon Case
By Melanie WaddellThe SEC says that it has now charged 32 defendants in its Galleon-related enforcement actions.
October 23, 2012
SEC’s Schapiro Expects Fiduciary Standard Proposal in 2013"The passage of time has not discouraged me at all," Schapiro said at SIFMA's annual meeting on Wednesday. "The devil is in the details, but Im more confident that we will get it done, not less.
October 23, 2012
SEC Beefs Up Enforcement With New ToolsThe SEC is stepping up surveillance of insider trading with its new Automated Bluesheet Analysis Project, and is catching more hedge fund advisor fraud with its aberrational performance inquiry team.
October 19, 2012
Schapiro SEC reign nearing end with rescue mission unfinishedAs head of the U.S. Securities and Exchange Commission, Mary Schapiro's first order of business was to prevent the commission's demise.
October 19, 2012
SEC’s Aguilar Calls for Harsher Penalties Against Repeat FraudstersThe SEC must re-evaluate the strength of its initial settlements and specifically design a program to combat repeat fraudsters, SEC Commissioner Luis Aguilar said.
October 12, 2012
SEC Proposes Extension of Principal Trading Temporary RuleThe SEC is proposing to extend the date on which temporary rule 206(3)-3T sunsets by another two years, from Dec. 31, 2012 to Dec. 31, 2014.
October 11, 2012
SEC Creates Deputy CIO Position to Spur ModernizationIn her new role as deputy director, Pamela Dyson will coordinate closely with the agencys divisions and offices to maintain an innovative, secure and efficient technology infrastructure, the SEC says.
October 09, 2012
Can Advisors Have ‘Zero’ Conflicts of Interest? The Legal and Regulatory RecordThe CFP Boards director of investigations makes the case that there is no such thing as zero conflicts of interest and that the nature of material conflicts of interest is subject to change.