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.
FPA Okays SEC's Four-Month Conversion Request
By Melanie WaddellThe Financial Planning Association (FPA) told the U.S. Court of Appeals for the D.C. Circuit June 1 that while it does not oppose the SEC's request that it give broker/dealers four months to convert their fee-based brokerage accounts under the court's ruling in the broker/dealer exemption case, the court should...
June 01, 2007
FPA Wins Appeal on Merrill/BD Rule; SEC ConcedesA federal court of appeals has ruled in favor of the Financial Planning Association (FPA) in its case against the Securities and Exchange Commission over...
May 24, 2007
FPA Faces June 4 Deadline in Merrill DecisionGiven that the Financial Planning Association has until June 4 to file a response to the SEC's request that the U.S. Court of Appeals for the D.C. Circuit give broker/dealers four months to convert their fee-based accounts, the FPA is now weighing its options, says Merril Hirsh, a partner at...
May 23, 2007
BISYS Settles With SECA financial services support company says it has completed previously announced efforts to respond to an investigation by the U.S. Securities and Exchange Commission.BISYS Group ...
May 20, 2007
SEC Decides Not To Appeal Broker-Dealer RulingThe U.S. Securities and Exchange Commission says it will drop a court battle to exempt broker-dealers who collect fees as well as commissions from the ...
May 20, 2007
SEC Decides Not To Appeal Broker-Dealer RulingThe U.S. Securities and Exchange Commission says it will drop a court battle to exempt broker-dealers who collect fees as well as commissions from the ...
May 18, 2007
SEC Furthers Strides Toward Global Accounting StandardFurthering its efforts to establish a global accounting standard, the SEC plans to issue a proposed rule this summer allowing foreign private issuers to choose...
May 16, 2007
FPA Applauds SEC Decision Not to AppealThe Financial Planning Association said it is pleased that the SEC will not appeal the court ruling exempting brokers from being subject to regulation as investment advisors in fee-based brokerage accounts