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 Promises Congress Madoff Reports
By Melanie WaddellDavid Kotz, the Securities and Exchange Commission's Inspector General, told Congress January 5 that his office has been "working at a rapid pace" since December 17 to investigate why the SEC failed to shutter the Bernie Madoff ponzi scheme.
January 05, 2009
House Hearing on Madoff Scandal on January 5The Financial Services Committee of the U.S. House, chaired by Rep. Barney Frank will hold a hearing on Monday, January to discuss the Ponzi scheme allegedly perpetrated by Bernard Madoff and his firm, Bernard L. Madoff Investment Securities
January 01, 2009
Breaking News: Insurance Companies, IMOs, File 151A Suit Against SECA coalition of insurance companies and independent marketing organizations has filed suit in federal court to overturn Rule 151A, the newly published rule by the Securities and Exchange Commission that classifies indexed annuities as securities. The
January 01, 2009
B/D Briefings News & ProductsOn December 1, 2008, Securian Financial Group's acquisition of Capital Financial Group, Inc. and its broker/dealer affiliate, H. Beck, Inc., closed. The acquisition, announced in...
January 01, 2009
SEC Requires 'Concise' InfoThe Securities and Exchange Commission has voted unanimously to require fund companies "to provide investors with a concise summary -- in plain English -- of...
January 01, 2009
What to Do Now?When you're in the middle of a crisis, by definition it's difficult to plan ahead to avoid the next crisis, but that's exactly what the...
December 25, 2008
SEC to investigate ... SECThe U.S. Securities and Exchange Commission is in an unenviable position of late. Between dropping the ball on the Bernie Madoff scheme, and failing to pick up on the danger Wall Street's biggest banks were in, the Commission is struggling to
December 22, 2008
SEC slow to catch up on fraud?"As financial markets have grown increasingly complicated -- which was the case with this part of Madoff's operation -- the SEC has struggled to keep...