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.
Senate Reform Compromise Said to Be SEC Study With Fiduciary Authority at End
By Melanie WaddellSenator Christopher Dodd (D-Connecticut) told House conferees in the late afternoon of Tuesday, June 22, that the Senate would present a counteroffer that day on whether to put brokers under a fiduciary standard of care.
June 17, 2010
Fannie and Freddie Ordered to Delist From Major ExchangesMore bad news for Fannie Mae and Freddie Mac. On Wednesday, June 16, Fannie Mae was ordered to notify the New York Stock Exchange (NYSE) and the Chicago Stock Exchange (CSE) of its intent to delist its common and preferred stock.
June 17, 2010
For Reform Bill, Senate Conferees Delay Response on FiduciaryHouse conferees are still waiting to hear on Thursday, June 17, from their Senate counterparts on whether they will accept the House language calling for a fiduciary standard for brokers.
June 17, 2010
SEC: Take Care When Saying Who Should Own a ProductThe U.S. Securities and Exchange Commission wants investment companies to think harder when suggesting whether a particular product is appropriate for a particular type of customer.
June 16, 2010
Barney Frank Calls for Fiduciary Standard and SEC Self-Funding'Essential to protecting investors' says Frank at reconciliation conference for Wall Street reforms bills.
June 16, 2010
SEC Proposes Enhanced Target-Date Fund DisclosuresThe Securities and Exchange Commission (SEC) proposed rules on Wednesday, June 16, seeking to provide investors with enhanced information about target date funds.
June 15, 2010
Indexed Annuity Provision Back In PlaySupporters of state regulation of equity indexed annuities have renewed efforts to get a provision into H.R. 4173 that would bar the U.S. Securities and Exchange Commission from regulating the product.
June 15, 2010
Indexed Annuity Provision Back In PlaySupporters of state regulation of equity indexed annuities have renewed efforts to get a provision into H.R. 4173 that would bar the U.S. Securities and Exchange Commission from regulating the product.