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.
Advisor SRO Would Cost Twice as Much as Funding SEC Exams
By Melanie WaddellThe report, conducted by BCG and funded by advisor groups and TD Ameritrade, was released before a House panel vote on a spending bill that included a $136 million increase for SEC funding.
December 02, 2011
Timing of SEC’s Fiduciary Rule Debated at CFA Conference (AdvisorOne)The timing of the SEC's proposed fiduciary rule continues to be debated, although most insiders feel confident that it will happen.
December 02, 2011
Judge Rakoff Says Goldman's Blankfein Can Testify in Insider Trading CaseControversial Federal judge orders that deposition can be taken before Rajat Gupta insider trading trial.
December 01, 2011
Party CrashersThe Securities and Exchange Commission is signaling to industry lawyers it is focusing on the disclosures involved in annuities that provide living benefit riders.
December 01, 2011
Timing of SEC’s Fiduciary Rule Debated at CFA ConferenceWhile optimism remains that the Securities and Exchange Commission will issue a rule putting brokers under a fiduciary mandate, the question being debated among industry and consumer officials is exactly when it will happen.
November 30, 2011
Party CrashersThe Securities and Exchange Commission is signaling to industry lawyers it is focusing on the disclosures involved in annuities that provide living benefit riders.
November 29, 2011
Judge Blocks, Blasts SEC-Citigroup SettlementJudge Jed S. Rakoff on Monday rejected a settlement negotiated between the SEC and Citigroup over a $1 billion mortgage fund and said that he could not determine whether the $285 million settlement was fair, reasonable, adequate and in the public interest.
November 28, 2011
Internal Changes at SEC’s Exam DivisionAs uncertainty remains in the debate over whether an SRO should oversee advisorsand a new option of using outside auditors for advisor exams in lieu of an SRO was recently thrown into the mixchanges are afoot within the SECs exam division.