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.
The Meaning of the SEC's Report on SROs
By David TittsworthCongressional hearings likely, and strong case made for user fees in recommendation to Congress on SRO and IA exams.
January 19, 2011
SEC Appoints New Head of Investment ManagementThe SEC has selected Eileen Rominger as its new Director of Investment Management, replacing Andrew “Buddy” Donohue, who left the post in November 2010.
January 18, 2011
SIFMA to Play 'Active Role' in Guiding Dodd-Frank Implementation, CEO Ryan Says2010 was the year that produced Dodd-Frank, but 2011 will be the year when “many of the questions that are outstanding as to how financial services will be changed” will be answered, said Tim Ryan, CEO of SIFMA.
January 18, 2011
Inside Information on SEC’s Likely Fiduciary MoveKristina Fausti of fi360 on whether the political will to re-regulate the industry has dried up.
January 17, 2011
SEC on SRO and Fiduciary Standard, Plus Earnings Season: AdvisorOne Briefing for the Week of Jan. 17, 2011Market-moving news for this week centers around earnings and the visit to the U.S. of the Chinese president, but advisors will be focused on the SEC's recommendations to Congress on an SRO and fiduciary.
January 13, 2011
As Fiduciary, SRO Reports Loom, Financial Planning Coalition Airs WorriesNext week is a crucial one for advisors as three reports mandated under Dodd-Frank will be handed to Congress—the SEC will deliver its studies on the need for a SRO for advisors on Jan. 17 and fiduciary duty on Jan. 21, while the GAO will deliver its study on regulation...
January 12, 2011
SEC, FINRA Charge Schwab, 2 Executives Over YieldPlus FundOn Tuesday both the SEC and FINRA imposed penalties on Schwab, as well as two Schwab executives, in connection with charges filed by the SEC over the YieldPlus Fund.
January 12, 2011
Despite Infighting, SEC 'Fully Expects' to Meet SRO Deadline, SEC Official SaysDespite internal wrangling regarding the report to send to Congress examining the need for an advisor SRO, an SEC official told AdvisorOne that the agency “fully expects” to meet its Jan. 17 deadline.