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 Shares Details of Merrill's $10 Million Fraud Settlement
By Janet LevauxSEC brought charges of securities fraud involving issues at Merrill Lynch from 2002 to 2007.
January 25, 2011
Specific ERISA Fiduciary Standard Lacking: Don TroneOn Jan. 22, 2011, the SEC officially released its long-awaited study on the appropriate standard of care for investment advisers and broker-dealers.
January 24, 2011
SEC Fiduciary Study Pleases Some, Frustrates OthersSome groups are welcoming U.S. Securities and Exchange Commission staff support for a uniform fiduciary standard for efforts to give retail customers personalized investment advice, but insurance producers say a uniform standard would backfire.
January 24, 2011
Reaction to SEC’s Fiduciary Study Is Entwined With PoliticsThe SEC’s Study on Investment Advisers and Broker-Dealers, which was released to Congress Friday night, has brought reaction or comment from some industry groups that, so far, are lining up in fairly predictable ways.
January 24, 2011
SIFMA Supports SEC’s Fiduciary Standard, but Concern LingersIn the wake of Friday night’s announcement by the SEC that it would require a uniform fiduciary standard for both broker-dealers and advisors, SIFMA said that it supported such a standard, with caveats.
January 23, 2011
SEC Fiduciary Study Pleases Some, Frustrates OthersSome groups are welcoming U.S. Securities and Exchange Commission staff support for a uniform fiduciary standard for efforts to give retail customers personalized investment advice, but insurance producers say a uniform standard would backfire.
January 23, 2011
SEC and the Fiduciary Study, Part II: Politics and the Fiduciary StandardHow financial services reform took a circuitous route that resulted in the compromise reform legislation known as Dodd Frank and the Jan. 22 SEC report to Congress.
January 22, 2011
SEC and the Fiduciary Study: The Process, Part IWhy the fiduciary standard became such a hot topic for regulators at the SEC.