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.
The Cost of Protecting the Public: The SEC, Congress and the Fiduciary Standard
By Bob ClarkResponding to the GOP, the Committee for the Fiduciary Standard gets to the heart of the fiduciary cost analysis debate
May 06, 2011
UBS Settles Charges With U.S., States Over Muni Bond FraudUBS Financial Services, charged with with the fraudulent rigging of municipal bond transactions, settled with the U.S. government and 25 states this week.
May 06, 2011
SEC's Schapiro: Agency Will Turn to Fiduciary, Harmonization, 12b-1 After July 21SEC will focus on 12b-1 fee reform 'in tandem' with advisor/BD reform issues, Schapiro said Friday at the ICI conference.
May 04, 2011
SEC's Schapiro: Extra Funding Will Support New Staff, Oversight of Credit Ratings, DerivativesMary Schapiro, SEC chairman, told a Senate Appropriations Subcommittee on Wednesday that the agency would use the recent $74 million funding boost that it received under the FY2011 CR to fill vacancies “to meet key strategic needs."
May 04, 2011
Advisors Prefer RIA Oversight by SECThe majority of RIAs are willing to pay OCIE a fee for examinations.
May 04, 2011
Advisors Prefer SEC for RIA OversightThe Top Wealth Managers Survey shows that the majority of RIAs are willing to pay OCIE a fee for examinations.
May 01, 2011
Politics and Process: SEC and the Fiduciary Study—SlideshowAdvisorOne Wealth Editor in Chief Kathleen McBride has closely followed the Securities and Exchange Commission's study on whether to extend a fiduciary standard to all advice givers in her series, SEC and the Fiduciary Study.
May 01, 2011
SEC to Meet Dodd-Frank's July Deadline on 'Switch,' Private Fund, Venture Fund AdvisorsThe SEC says that while it will adopt final rules by July 21 implementing three provisions of Dodd-Frank involving the “switching” of advisors to state registration, as well as private fund and venture capital fund advisors’ registration with the SEC, the agency will also lengthen the date for complying with...