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.
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By Thomas D. GiachettiWith the advent of SEC rule 206(4)-7 requiring SEC registered investment advisors to implement and maintain policies and procedures appropriate for their investment advisory business,...
July 25, 2005
New SEC Begins to Take ShapeBush nominates two Democrats for Commission; Cox hearing set
July 21, 2005
SEC Requires Separate Tags For Separate AccountsThe U.S. Securities and Exchange Commission wants manufacturers of variable annuities and variable life contracts to help it distinguish between the electronic filings of ...
July 20, 2005
SEC Contacting Companies On Indeed Annuity Sales PracticesThe Securities and Exchange Commission has asked a number of insurance companies for information about how they market equity indexed annuity products, industry sources ...
July 06, 2005
Donaldson's Swan SongAt an open meeting one day before his departure on June 30, SEC Chairman William Donaldson remained steadfast in backing the SEC's rule requiring registered investment companies to have a board comprising at least 75% independent directors and an independent chairman, and pushed the rule through once again with help...
July 01, 2005
Mini-Sweeps SeasonInvestment advisors and mutual funds are prodding the Securities and Exchange Commission to revamp and curtail its use of its new two-year examination schedule called...
June 30, 2005
SEC Moves Against Tennessee Hedge Fund ManagerKNOXVILLE, Tenn. (HedgeWorld.com)--The Securities and Exchange Commission moved last week to halt the operation of a convertible bond arbitrage hedge fund run by Tenet Asset Management LLC, claiming the fund's principal, Jon E. Hankins, had concealed heavy losses from investors and lied to prospective investors about the fund's performance. A...
June 28, 2005
Atkins Calls For Clarity In VA RulemakingThe U.S. Securities and Exchange Commission should tread carefully in establishing disclosures for variable annuities at the point of sale, an SEC commissioners said ...