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.
SEC Asks New York Court to Freeze Advisor's Assets in $7 Million Fraud Case
By Joyce HansonThe SEC charged Manhattan-based financial advisor Kenneth Ira Starr with fraud and is seeking a court order to freeze his assets after he allegedly stole $7 million in client money for his personal use.
May 21, 2010
Dodd Reform Bill POV: Harvey Pitt, Former SEC ChairmanBefore the Senate passed its reform bill, the Restoring Financial Stability Act, on Thursday, May 20, former SEC Chairman Harvey Pitt, who's now the CEO of Kalorama Partners, detailed his viewpoints on financial services reform to Investment Advisor.
May 21, 2010
Mercer Bullard, Investor Advocate, Talks About Financial ReformInvestor advocate Mercer Bullard is concerned about the impact of financial reforms that are intended to help investors. One reform in the Senate bill, which passed on Thursday, is an extension of the fiduciary standard of conduct to broker/dealers.
May 20, 2010
WM Exclusive Interview with Mercer BullardImpact of fiduciary reform; fixing retirement, Goldman's duty.
May 20, 2010
Democrats Succeed on Dodd Bill Cloture Vote in Senate; Final Vote Is Expected FridaySenate Democrats were successful on Thursday, May 20, in invoking cloture on Senator Christopher Dodd's (D-Connecticut) financial services reform bill, S. 3217. Further debate on...
May 20, 2010
Democrats Succeed on Dodd Bill Cloture Vote in Senate; Final Vote Expected SoonSenate Democrats were successful on Thursday, May 20, in invoking cloture on Senator Christopher Dodd's (D-Connecticut) financial services reform bill, S. 3217.
May 19, 2010
Dodd Bill Cloture Vote Fails in Senate; Democrats Will Try Again ThursdayThe cloture vote failed in the Senate on Wednesday, May 19, as Democrats did not garner enough votes to finish debate on Senator Christopher...
May 18, 2010
SEC Warns Investors of Bogus 'U.S. Securities and Equities Administration'A sham outfit calling itself the "U.S. Securities and Equities Administration" may be charging investors fees to remove alleged stock restrictions or to release non-existent government funds, the U.S. Securities and Exchange Commission (SEC) warns.