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.
September 10, 2004
Invesco Employees Settle with SECDENVER (HedgeWorld.com)--Three former Invesco Funds Group Inc. employees have settled Securities and Exchange Commission charges they helped outside investors conduct extensive market timing in Invesco mutual funds. Timothy J. Miller, former chief investment officer and a portfolio manager; Thomas A. Kolbe, former national sales manager; and Michael D. Legoski, former...
August 20, 2004
SEC Asks For More Comments About Fee-Based AdvisorsThe U.S. Securities and Exchange Commission is asking for more advice about how it should treat brokers who get asset-based fees rather than traditional ...
August 11, 2004
Conseco, Inviva Settle With SEC Over Market Timing ChargesConseco, Inviva Settle With SEC Over Market Timing ChargesByConseco Inc. and Inviva Inc. agreed to pay $20 million to settle regulators charges that they helped ...
August 09, 2004
Conseco, Inviva Settle VA Charges With SECNU Online News Service, August 9, 2004, 3:00 p.m. ESTConseco Inc. and Inviva Inc. agreed to pay $20 million to settle regulators' charges that ...
August 01, 2004
FPA sues the SEC over "merrill" ruleAfter years of debate, the Financial Planning Association has sued the Securities & Exchange Commission to block the "Merrill Lynch" rule. Proposed in 1999 but...
August 01, 2004
Getting a Handle on Plan ExpensesThe Securities and Exchange Commission's probe of payments that mutual fund companies make to 401(k) plan administrators and consultants should make it easier for advisors...
July 21, 2004
New SEC Requirements Should Prompt Variable Insurer Talks With Underlying FundsNew SEC Requirements Should Prompt Variable Insurer Talks With Underlying FundsThe Securities and Exchange Commission has adopted new requirements for prospectus disclosure of policies and ...
July 07, 2004
SEC Eases Life Broker-Dealer Control RuleLimited-service broker-dealers affiliated with life insurers will not have to maintain inspection reports relating to the safeguarding of customer funds.[@@]The U.S. Securities and Exchange ...
July 01, 2004
THE PLAYING FIELD- Will You Have to Do It Tomorrow?Just when you thought the Securities and Exchange Commission was taking a breather from proposing rules that affect advisors, the securities regulator is at it...
June 28, 2004
Living without an Uptick Rule on Short Sales: A Pilot Program SetWASHINGTON (HedgeWorld.com)--The Securities and Exchange Commission changed its rules on short selling at its meeting June 23, adopting with some modifications Regulation SHO, as proposed...