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.
Video: Exclusive—Knut Rostad on Whether a Fiduciary Standard for Brokers Will Rebuild Investor Confidence
By Kate McBrideKnut Rostad talks with AdvisorOne’s Kate McBride about why the fiduciary standard for brokers matters to the financial services industry as well as to investors.
February 24, 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 23, 2011
Top SEC Attorney Inherited Dirty Madoff Millions, Says SuitIrving Picard, trustee for the liquidation of Ponzi schemer Bernard Madoff’s firm, has filed a suit against top SEC attorney David Becker and his two brothers that said that Becker and his siblings benefited from a Madoff account that was in their mother’s estate. T
February 23, 2011
Sen. Majority Leader Reid to Introduce Stop-Gap Budget Bill This WeekIn response to the House budget continuing resolution (CR), H.R. 1, that passed on Saturday, Feb. 19, Senate Majority Leader Harry Reid, D-Nev., said on Tuesday that to avoid a government shutdown on March 4, he plans to introduce a stop-gap CR this week that he can bring to the...
February 22, 2011
SEC Names McKessy to Head Whistleblower OfficeThe Securities and Exchange Commission (SEC) named on Feb. 18 Sean McKessy as the new head of its Whistleblower Office, which is housed within the agencies Division of Enforcement.
February 22, 2011
The Political Realities of Broker Reregulation and the Fiduciary StandardOne likelihood on the fiduciary issue: another round of SEC studies, industry debate and probably congressional hearings lasting months or even years, says Michael Koffler of Sutherland Asbill & Brennan.
February 22, 2011
SEC Questions Mutual Fund Muni-Debt PricesThe Securities and Exchange Commission is investigating whether some mutual funds have overstated the value of risky municipal bonds that are thinly traded, according to people familiar with the matter.
February 21, 2011
PRODUCER'S CORNERWhen the Securities and Exchange Commission issued in January a study recommending a single fiduciary standard for broker-dealers and investment advisors, one might easily have surmised the SEC was prepared for the next step