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.
New SEC Enforcement Unit Will Focus on Mutual Fund Fees
By Michael S. FischerThe SEC's Division of Enforcement has established an Asset Management Unit to focus on mutual funds, private funds and advisors, the division's director Robert Khuzami said Wednesday.
September 27, 2010
Pardon My Authenticity: Fiduciary and Retail InvestorsIn his latest posting, Bob Clark explores the meaning of an "authentic" fiduciary standard, responding to a reader's call for clarification. Bob's conclusion? "In my view anyway, the existence of myriad fiduciary standards supports such a standard for brokers as well."
September 24, 2010
At Fiduciary Forum, Academics, Practitioners Share Views on How SEC Should ProceedAs the Securities and Exchange Commission (SEC) heads into finalizing its study on advisor and broker obligations--the SEC must submit its final report to Congress by February
September 24, 2010
Dodd-Frank: Aguilar Calls for Unified StandardsPension fund managers and other "sophisticated investors" may need the protection of a fiduciary standard as much as the little guys, Luis Aguilar says.
September 24, 2010
At Fiduciary Forum, Academics, Practitioners Share Views on How SEC Should ProceedAs the SEC heads into finalizing its study on advisor and broker obligations, academics, lawyers and industry executives gathered at the Fiduciary Forum in Washington on Friday to explore the fiduciary standard in a brokerage setting.
September 23, 2010
Dodd-Frank: Aguilar Calls for Unified StandardsPension fund managers and other "sophisticated investors" may need the protection of a fiduciary standard as much as the little guys, Luis Aguilar says.
September 23, 2010
Dodd: More Legislation Needed After Stanford Ponzi Scheme IG ReportMembers of a Senate Banking Committee questioned the SEC Inspector General on Wednesday regarding the IG's report which found that it took the securities regulator 12 years to put a stop to Robert Stanford's $8 billion Ponzi scheme.
September 22, 2010
Will ‘Wall Street’ Sequel Influence SEC Whistleblowers?It might be too late for the movie's protagonist, but can other would-be Bud Foxes be saved? The securities employment law firm of Stuart D. Meissner LLC. thinks so, and is looking to recruit potential whistleblowers by launching SECSnitch.com.