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.
IRI Conference: SEC Official Sees Possible Living Benefits Conflicts
By Arthur D. PostalThe U.S. Securities and Exchange Commission is keeping a close eye on variable annuity living benefits disclosures.
June 28, 2011
IRI Conference: SEC Official Sees Possible Living Benefits ConflictsThe U.S. Securities and Exchange Commission is keeping a close eye on variable annuity living benefits disclosures.
June 28, 2011
Senate Democrats: GOP Cuts to SEC Could Mean Another MadoffTop Senate Democrats sent a letter to the leader of the House Appropriations Committee House appropriators on Tuesday criticizing Republican’s proposed cuts to the SEC, calling them “unacceptable and counterproductive.”
June 28, 2011
Some Shots in the Arm for a True Fiduciary Standard?Two good signs: the Coalition’s petition to the SEC, and a sign from the SEC that it may decouple ‘harmonization’ from 'fiduciary.'
June 27, 2011
SEC Official: Fiduciary Mandate is Likely, But Harmonization Will Come LaterA senior Securities and Exchange Commission official said it is likely the agency will propose a rule imposing a uniform fiduciary mandate on the sale of investment products.
June 27, 2011
SEC Official: Fiduciary Rule ‘Likely’ This Year, but Not HarmonizationA senior official at the SEC said Monday that while he believes the securities regulator will issue a rule putting brokers under a fiduciary mandate this year, the agency will hold off on issuing one on the overall harmonization of advisor and broker rules.
June 27, 2011
Financial Planning Coalition Sends Fiduciary Letter and Petition to SEC, CongressThe Financial Planning Coalition delivered a letter to the Securities and Exchange CommissionThursday, accompanied by a petition signed by 5,200 financial planners, urging the SEC to apply a fiduciary standard to anyone providing personalized investment advice to retail clients.
June 23, 2011
Dodd-Frank: SEC Turns 3,200 Advisors Over to StatesThe U.S. Securities and Exchange Commission has approved a final rule that will put about 3,200 investment advisors who have been regulated by the SEC under state oversight.