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.
Bruce Bent Cleared in SEC Fraud Charges
By Melanie WaddellBruce Bent, founder of the first money market fund, was cleared of fraud charges Monday after the SEC alleged that he deceived investors leading up to the Primary Reserve Fund breaking the buck.
November 02, 2012
‘No timing’ on VA summary prospectus: SEC’s NashNash also said she couldnt predict where such a rule proposal falls among the SECs priorities.
November 01, 2012
‘No Timing’ on VA Summary Prospectus: SEC’s NashNash also said she couldnt predict where such a rule proposal falls among the SECs priorities.
November 01, 2012
In Money Market Fund Reform, FSOC Must Act Carefully: DechertTreasury Secretary Geithner's proposal seeks to have the FSOC make recommendations for fund reform before it has established a fair process, Dechert says.
October 30, 2012
SEC's Gallagher: Fiduciary Rule Needs More Study; Failure to Supervise Should be FocusAs SEC Chairwoman Mary Schapiro was stating last week her belief that the agency could issue a proposed rule to put brokers under a fiduciary mandate next year, the newest SEC commissioner, Daniel Gallagher, declared that the SEC must first determine if such a rule is necessary, stating the agency...
October 29, 2012
SEC Brings More Insider Trading Actions in Galleon CaseThe SEC says that it has now charged 32 defendants in its Galleon-related enforcement actions.
October 25, 2012
Principles vs. Rules: The Fiduciary Debate in a NutshellAt TD Ameritrade conference, CFA's Roper, IAA's Tittsworth and SIFMA's Carroll agree, disagree and look ahead at fiduciary standard, SRO for RIAs.
October 25, 2012
The Election and Advisors: FPA’s Dan Barry Reports, and PredictsLooking at next years advocacy agenda for FPA, much depends on the election and who is placed in key positions. A rundown of the big issues for planners, and what different election scenarios mean for those issues.