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 Rolls Out Credit Rating Agency Rule
By Staff WriterThe U.S. Securities and Exchange Commission is about to implement new regulations that could increase the number of companies assessing whether companies can pay insurance ...
June 04, 2007
FPA Okays SEC's Four-Month Conversion RequestThe 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
SEC Furthers Tool for Investors, While Frank Plans HearingsSEC Chairman Christopher Cox told the mutual fund industry at the Investment Company Institute annual meeting in May that the Commission is working on an...
June 01, 2007
SEC Won't Appeal Court RulingThe Securities and Exchange Commission has decided not to appeal the March 30 ruling by the U.S. Court of Appeals for the D.C. Circuit, which...
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 ...