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.
Fiduciary Standard: Peters Defends SEC
By Warren S. HerschRepublicans seem to be trying to starve the U.S. Securities and Exchange Commission of the resources it needs to police the sale of investment products, Rep. Gary Peters said today at the fiduciary standard hearing.
September 12, 2011
NAIFA, AALU Clash with CFA at Fiduciary Standards HearingRepublicans on the House Financial Services Committee teamed with insurance agent groups today to attack U.S. Securities and Exchange Commission efforts to apply a uniform fiduciary standard to investment product sales.
September 08, 2011
Dodd-Frank: Employers Pan Swap Counterparty AidEmployee benefit plans want the right to waive a proposed rule that would require swap counterparties to give benefit plans extra scrutiny and advice.
September 08, 2011
Draft Bill Calling for SRO for Advisors Introduced in HouseThe House Financial Services Committee on Thursday released a draft bill that would establish one or more self-regulatory organizations (SRO) to oversee investment advisors.
September 06, 2011
Universal American Extends Expiration Date for Exchange OfferUniversal American Corp. will be giving holders of some preferred shares until Sept. 9 to exchange the shares.
September 06, 2011
SEC Gets Court Order Against Investment FirmThe U.S. Securities and Exchange Commission has obtained an emergency court order in a case involving what officials say is a firm that has just been pretending to be active in the life settlement industry.
September 05, 2011
SEC Gets Court Order Against Investment FirmThe U.S. Securities and Exchange Commission has obtained an emergency court order in a case involving what officials say is a firm that has just been pretending to be active in the life settlement industry.
September 01, 2011
House Committee May Unveil SRO Bill after September 13 HearingWashington insiders are betting that the House Financial Services Committee will introduce legislation calling for a self-regulatory organization (SRO) for advisors.