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.
Schapiro: Our Fiduciary Project is Separate from Labor's
By Arthur D. PostalThe U.S. Securities and Exchange Commission is helping the U.S. Department of Labor update a definition of "fiduciary," but that effort is separate from the SEC's own fiduciary standard study, SEC Chairman Mary Schapiro said today.
February 14, 2011
Obama's 2012 Budget Gives Big Boost to SEC, CFTCPresident Barack Obama unveiled his $3.73 trillion budget for FY 2012, which includes significant cuts to federal spending and investments but provides substantial budget boosts to the SEC and the CFTC.
February 14, 2011
Four Steps to Restore Investor Trust, and Build Your Wealth Management FirmMany investors have been thrown into a role they didn't seek and are unprepared to handle. The four steps advisors must take to help clients and mitigate their firms' risk at the same time.
February 10, 2011
SEC’s Fiduciary, SRO Studies Considered Linked, Experts SayAlthough the SEC’s Fiduciary Study and the SRO Study, are separate, in the eyes of some industry experts and academics that specialize in financial services issues, the two are linked.
February 09, 2011
SEC Proposes to Remove References to Credit Ratings AgenciesThe SEC voted unanimously on Wednesday to propose amendments to its rules that would remove credit ratings as one of the conditions for companies seeking to use short-form registration when registering securities for public sale.
February 08, 2011
With Lack of Funding, Congress Is 'Pulling the Rug Out' From Mary SchapiroJust as Securities and Exchange Commission Chairman Mary Schapiro is again airing complaints that the SEC’s dire funding situation is wreaking havoc…
February 08, 2011
SEC’s Aguilar Sees Need for Stronger AgencyFour ‘resolutions’ and ‘wishes’ for 2011, intended to boost investor protection and confidence in markets.
February 08, 2011
Continuing Duty of Care Under Section 913: For Whom the Fat Lady SingsA missing topic of conversation on the fiduciary issues before the SEC: defining 'continuing duty of care'