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.
"I Made a Terrible Mistake...!"
By Roger LevyThis is what Bernard L. Madoff said when he was sentenced to 150 years imprisonment. His self delusion must have been infectious because the list of other players who also made terrible mistakes in this epic financial tragedy grows longer each day.
October 01, 2009
Ken Lewis to Step Down at Year-endBank of America CEO Ken Lewis announced that he would retire early from the bank at the end of the year.
October 01, 2009
SEC Criticized for MadoffCongress wasted little time in taking SEC officials to task after the securities watchdog's inspector general released September 2 a scathing report on the SEC's...
October 01, 2009
Danger & Opportunity: Financial Services Reform Bill InevitableWhile healthcare reform is priority No. 1 for the Obama Administration, financial services reform is still alive and kicking, as President Obama made very clear...
September 30, 2009
Vote Nears on Consumer Financial Protection AgencyFrank promises vote on omnibus reform bill by early November
September 30, 2009
Kotz Lays Down the Law to SEC in Wake of Madoff FailureInspector General delivers laundry list of improvements to Enforcement Division
September 28, 2009
SEC Chairman Speaking the Fiduciary LanguageSEC Chairman Mary L. Schapiro's September 24th speech, before the Financial Services Roundtable, included her most recent public remarks on the fiduciary standard. The Chairman's remarks are important.