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.
Pension Plans: Don't Let the Foxes Pick the Henhouse Guards
By Allison BellPublic pension plan administrators say proposed swap advisor sophistication rules could backfire and put the plans at the mercy of the swap dealer.
September 20, 2011
SEC’s IG Report Says Ex-Counsel Becker Benefited in Madoff LiquidationAn SEC Inspector General report released Tuesday alleged that the agencys former general counsel, David Becker, benefited personally by participating in matters related to the liquidation proceedings dealing with the Bernie Madoff fraud.
September 15, 2011
SEC Head Defends Need for Funding IncreaseU.S. Securities and Exchange Commission Chairman Mary Schapiro has accused House Republicans of trying to cripple the agency by holding its budget flat and imposing burdensome cost-benefit analysis requirements.
September 14, 2011
SEC Head Defends Need for Funding IncreaseU.S. Securities and Exchange Commission Chairman Mary Schapiro has accused House Republicans of trying to cripple the agency by holding its budget flat and imposing burdensome cost-benefit analysis requirements.
September 13, 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 13, 2011
Fiduciary Standard: Peters Defends SECRepublicans 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 13, 2011
Bachus SRO Draft Draws SparksRep. Spencer Bachus is getting mixed reactions to a draft bill that would authorize one or more self-regulatory organizations to oversee investment advisors that are registered with the U.S. Securities and Exchange Commission.
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.