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.
On 5th Anniversary of FPA’s Win on ‘Merrill Rule,’ Fight Continues
By James J. GreenLawsuit whose victory surprised and delighted many changed the conversation in Washington while industry still awaits shape of a final fiduciary rule.
March 23, 2012
Senate Passes Small Business Investment BillLegislation to help startup companies raise capital by reducing some federal regulations won easy passage in the Senate Thursday despite warnings from some Democrats that less government oversight would mean more abuse and scams.
March 22, 2012
JOBS Act Passes Senate by Wide MarginThe much-criticized, bipartisan JOBS Act passed the Senate on Thursday, 73-26.
March 21, 2012
Senate Votes to Move Ahead on Small Business BillLegislation making it easier for small businesses to raise money survived a test vote in the Senate on Wednesday, increasing the chances it could emerge as one of the few bipartisan bills to pass Congress during this election year.
March 21, 2012
Senate Votes to Move Ahead on Small Business BillLegislation making it easier for small businesses to raise money survived a test vote in the Senate on Wednesday, increasing the chances it could emerge as one of the few bipartisan bills to pass Congress during this election year.
March 21, 2012
Lawmakers Grill DOL’s Solis on Fiduciary Duty RedraftAt a House hearing, lawmakers took Labor Secretary Hilda Solis to task Wednesday over how the DOLs recrafting of its fiduciary rule is progressingspecifically on the timing of the re-proposed rule and the rules inclusion of IRAs.
March 19, 2012
SEC Issues Risk Alert on BDs’ Due-Diligence Duties for Municipal SecuritiesCiting a lack of due diligence by broker-dealers, the SEC on Monday issued a Risk Alert on compliance measures to help BDs fulfill their due-diligence duties when underwriting offerings of municipal securities.
March 19, 2012
HighTower’s Weissbluth: ‘Brokers Are Butchers; Fiduciaries Are Dietitians’Elliott Weissbluths two-and-a-half minute whiteboard animation video recently posted on YouTube calling brokers butchers and fiduciaries dietitians is drawing quite a bit of attention.