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.
Kicking SEC’s Fiduciary Efforts Back Into Gear
By Melanie WaddellBarbara Roper of the CFA and others discussed ways to get the SEC to move forward on proposing a fiduciary rule on a conference call Wednesday.
August 29, 2012
‘Antichrist’ at SEC, Dimon, Bush Among Villains of Financial Crisis: TavakoliTo Wall Street scourge Janet Tavakoli, the list of financial-crisis villains still evading responsibility is not short and includes, to name a few, Jamie Dimon, Jon Corzine, Tim Geithner, Mary Schapiro, George W. Bush, President Obama and the financial media.
August 29, 2012
SEC’s GOP Commissioners Offer ‘Way Forward’ on Money-Market ReformThe SEC's two Republican commissioners voiced their dismay on Tuesday with the statement issued last week by Chairwoman Mary Schapiro ending her money-market fund reform push.
August 29, 2012
SEC Proposes JOBS Act Rule Easing Private-Offering PromotionWith respect to Rule 506 offerings, the JOBS Act directs the commission to permit such general solicitation, provided that all purchasers of the securities are accredited investors," SEC Chairwoman Mary Schapiro said.
August 23, 2012
SEC’s Schapiro Loses Money-Market Fund FightSEC Chairwoman Mary Schapiro said late Wednesday that she did not have the votes to further reform money-market funds.
August 21, 2012
SEC Hands Out First Whistleblower AwardThe SEC announced Tuesday that it has given its first whistleblower award to an individual who helped the agency stop a multimillion-dollar fraud.
August 21, 2012
Remedy to Boost Advisor Exams Out of Reach This YearTwo important issues for the advisory industry will remain unresolved until next year: how to boost investment advisor examseither through a self-regulatory organization (SRO) or via user feesas well as a rule to put brokers under a fiduciary mandate.
August 20, 2012
SEC Private Placement Rule Threatens to Put Investors at Great RiskA survey of state securities regulators found that fraudulent private placement offerings were ranked as the most common product or scheme leading to investigations and enforcement actions.