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.
SEC Proposes Rule on Disclosure of Incentive-Based Pay
By John SullivanRule will affect broker-dealers and investment advisors with $1 billion in assets.
March 01, 2011
FSI OneVoice 2011: FINRA CEO Ketchum Defines Fiduciary as It Applies to BDs, AdvisorsThe FSI’s OneVoice 2011 conference kicked off in Phoenix Monday night with a Q&A session moderated by Dale Brown, FSI’s CEO, featuring Richard Ketchum, FINRA's CEO.
March 01, 2011
House, Senate Hearings Next on FiduciaryWithin a month or so, the House Financial Services Committee will begin holding hearings on the Securities and Exchange Commission’s (SEC) report regarding fiduciary duty, which was mandated under Section 913 of the Dodd-Frank Act and handed to Congress on Jan. 21.
March 01, 2011
SEC Fiduciary Rule May Hit by SummerDespite the advisory industry’s hopes that the Securities and Exchange Commission (SEC) would get a quick start on writing a rule to put brokers under the same fiduciary standard as advisors, it looks as though a rulemaking could come by summer.
March 01, 2011
SEC and the Fiduciary Study: The ProcessIn January, the SEC released its fiduciary study under Dodd-Frank. We timeline how the issue of extending the fiduciary standard to all advice givers developed.
March 01, 2011
The GOP’s Plan in the HouseRep. Spencer Bachus, R-Ala., chairman of the House Financial Services Committee, released an oversight plan in January which includes issues his committee…
February 25, 2011
GOP Lawmakers Probe SEC on Top Attorney's Ties to MadoffRepublican lawmakers on the House Financial Services Committee want the SEC to answer a bevy of questions regarding David Becker, the SEC’s general counsel who’s alleged to have earned more than $1.5 million from a Madoff account held in his mother’s estate.
February 25, 2011
Will Dodd-Frank Be Repealed? Will Congress Starve the SEC?Our man in Washington says no to repeal, but maybe on SEC funding, since it's part of a broader budget war. Next up: hearings and delays on Dodd-Frank implementation