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.
CFA to Congress: Cost-Benefit Analysis Will Hamstring SEC's Fiduciary Rulemaking Process
By Melanie WaddellThe CFA tells Congress that a further cost-benefit analysis on fiduciary duty rule will stall SEC's rulemaking process; but SEC's Schapiro told AdvisorOne recently that lawmakers' cost-benefit requests "haven't changed anything" regarding how the SEC already writes rules.
May 10, 2011
CFA Asks for Proof of Fiduciary Standard CostsThe Consumer Federation of America says opponents of a uniform fiduciary standard have provided no evidence that a uniform standard would increase the cost of investment services.
May 10, 2011
SEC Studies Rating Agency Selector ConceptThe U.S. Securities and Exchange Commission is asking for comments about the idea of having a public utility, a private utility or a self-regulatory organization pick the agencies that rate structured finance products.
May 10, 2011
The Cost of Protecting the Public: The SEC, Congress and the Fiduciary StandardResponding to the GOP, the Committee for the Fiduciary Standard gets to the heart of the fiduciary cost analysis debate
May 09, 2011
SEC to Look at Money Market Fund RiskBill Stouten, a Thrivent Financial for Lutherans portfolio manager, will be one of the participants in a U.S. Securities and Exchange Commission discussion on money market funds and systemic risk.
May 09, 2011
SEC to Look at Money Market Fund RiskBill Stouten, a Thrivent Financial for Lutherans portfolio manager, will be one of the participants in a U.S. Securities and Exchange Commission discussion on money market funds and systemic risk.
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.