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.
What's the SEC spending?
By Staff WriterOne of the more prominent issues these days for RIAs and broker/dealers alike is compliance. Research conducted by the AdvisorBenchmarking unit of Rydex (see page...
March 23, 2005
SEC Wins Default Judgment Against Fla. FirmFederal regulators say they have won a court order requiring a former principal of a defunct viatical firm to disgorge millions of dollars.[@@]The U.S. ...
March 23, 2005
SEC Announces 2 Fund SettlementsFederal regulators have imposed a total of $60 million in fines on money management units at Citigroup Inc. and Marsh & McLennan Companies Inc.[@@]The ...
March 14, 2005
SEC Asks Phoenix For Market-Timing AnalysisA Hartford insurer says federal regulators are asking for information about whether market timing might have affected its customers.[@@]The company, Phoenix Companies Inc., says ...
February 22, 2005
SEC Moves to Freeze Northshore AssetsCHICAGO (HedgeWorld.com)--In an emergency action filing, the U.S. Securities and Exchange Commission is requesting a freeze on Northshore Asset Management LLC's assets. The commission alleges that the firm committed fraud in diverting US$37 million in two hedge funds. The case follows reported investor complaints and the arrest of former Northshore...
February 22, 2005
SEC Asks For Comments On SOX 404Federal securities regulators want to know what company executives, auditors and others really think about the new internal control disclosure process.[@@]The U.S. Securities and ...
February 22, 2005
Roye Says He's Leaving SECWASHINGTON (HedgeWorld.com)--Paul Roye plans to leave the U.S. Securities and Exchange Commission and take a job in the private sector. Mr. Roye, who has headed the...