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.
Coalition Sues To Overturn SEC Annuity Rule
By Staff WriterThe U.S. Securities and Exchange Commission is facing a court challenge to its effort to regulate equity indexed annuities as securities.
January 11, 2009
SEC staffers further explain 151A rulingThere's no getting around it. SEC 151A, which will securitize indexed annuities, will be a topic we'll talk about for the foreseeable future as news continues to trickle out about it. We know this much already: the U.S. Securities and
January 09, 2009
SEC Promises Congress Madoff ReportsDavid 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 09, 2009
SEC Downplays Effect Of Annuity Rule On Agents, SalesStaffers 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 09, 2009
SEC Downplays Effect Of Annuity Rule On Agents, SalesStaffers 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 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...