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.
To Thwart SRO, Rep. Waters Introduces User Fee Bill
By Melanie WaddellMaxine Waters, D-Calif., introduced on Wednesday a bill that would allow the SEC to collect user fees from advisors to fund their exams in lieu of an SRO.
July 20, 2012
Critics Slam SEC's Municipal Advisor Plan in Dodd-Frank HearingOne expressed concern with the proposed rule is that it defines municipal advisor too broadly.
July 19, 2012
SEC, DOL Enforcement Roundup: CDO Woes, Short-Selling Brothers, Amish FundRecent actions by the SEC and DOL included fines of $127.5 million for a securities firm over false CDO credit ratings and $14.5 million for two short-selling brothers, along with deferred prosecution for an Amish fund.
July 18, 2012
Fate of Dodd-Frank Likely Rests in Election ResultsWith the two-year anniversary of the passage of the Dodd-Frank Act on July 21, industry officials are weighing in on the laws progress.
July 12, 2012
SEC, FINRA Enforcement Roundup: Doctors Fined for Insider TradingRecent actions also include fines for a medical device company accused of bribing the Mexican government and a suit filed by an investment company against breakaway brokers.
July 11, 2012
SEC Approves National Market System to Better Track TradesIf it were not for the Dodd-Frank rulemaking frenzy that has dominated the SECs agenda for the last two years, a commissioner said, it would be abundantly clear that this rulemaking is a game changer.
July 11, 2012
Is Lying and Cheating Key to Success? Many Financial Professionals Say YesThe law firm Labaton Sucharow releases the troubling results of a survey of 500 American and British financial services professionals on corporate ethics.
July 09, 2012
SEC Names Drake as Chief Compliance and Ethics Officer for OCIEOCIE director Carlo diFlorio says Paula Drake will help OCIE with the continued advancement of the national examination program, including leading the critical legal function, developing our national examination policy manual, and overseeing our internal compliance team.