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 Downplays Effect Of Annuity Rule On Agents, Sales
By Staff WriterStaffers at the U.S. Securities and Exchange Commission say the benefits of putting indexed annuities under SEC jurisdiction would far outweigh the costs to product ...
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...
December 22, 2008
AALU: SEC Rule 151A Could Affect Some Life ProductsThe new Securities and Exchange Commission rule subjecting equity indexed annuities to federal oversight appears to apply only to annuities, but it also could affect indexed life products, says the Association for Advanced Life Underwriting.