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.
Broker/Dealer News
By Staff WriterThe Securities and Exchange Commission announced a settlement August 3 against Bank of America for misleading investors about billions of dollars in bonuses that were...
August 31, 2009
Back to the drawing board?A U.S. Court of Appeals decision calling for a substantial rewrite, plus continued lobbying and counter-regulations, have put 151A back in the spotlight--but the story is far from over.
August 24, 2009
Quiz question: The 151A court decisionThis quiz question asks readers to identify the key elements of the July 21, 2009 U.S. Court of Appeals decision concerning the Securities and Exchange Commission's proposed Rule 151A.
August 24, 2009
Quiz question: The 151A court decisionThis quiz question asks readers to identify the key elements of the July 21, 2009 U.S. Court of Appeals decision concerning the Securities and Exchange Commission's proposed Rule 151A.
August 18, 2009
SEC Seeks Alternative Uptick RuleThe SEC is seeking public comment on an alternative approach to short selling price test restrictions.
August 14, 2009
Disclosures and Evoking the Lewis Liman DefenseWhy did the SEC accept a $33 million settlement in light of its allegations that Bank of America failed to disclose that bonus payments were authorized for up to $5.8 billion? Judge Jed Rakoff wants to know.
August 13, 2009
Firm Settles 403(b) CaseA firm has agreed to pay a $50,000 fine to resolve U.S. Securities and Exchange Commission concerns about supervision of a registered representative convicted of charges related to rollovers into 403(b) products.
August 13, 2009
Firm Settles 403(b) CaseA firm has agreed to pay a $50,000 fine to resolve U.S. Securities and Exchange Commission concerns about supervision of a registered representative convicted of charges related to rollovers into 403(b) products.