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.
Watch Out
By Melanie WaddellBroker/dealers and RIAs alike should ready themselves for a number of initiatives being worked on by their regulators in the New Year. (See following page...
January 01, 2007
Getting Compliance Help NowIt's been a little over two years since the Securities and Exchange Commission issued its infamous rule--known as the compliance rule--requiring advisors to have a...
December 27, 2006
SEC Takes Official Look At UnitedHealthThe U.S. Securities and Exchange Commission has taken an interest in the executive compensation practices of a large health carrier.The SEC has sent a formal ...
December 14, 2006
SEC Raises Hedge Fund Minimum to $2.5 MillionIn a move that it says is designed to protect investors, the SEC voted December 13 to raise the asset accreditation minimum for investors in investments such as hedge funds, private equity, and venture capital from $1 million to $2.5 million. Under the proposed rule, investors are not allowed to...
December 12, 2006
SEC Risk Director Leaving for Private SectorThe SEC announced that Charles Fishkin, who helped create the Commission's Office of Risk Assessment under-then Chairman Bill Donaldson in 2004 and propagated an agency-wide risk management program designed to make the regulator more proactive, will leave the Commission in the new year to take a position in New York...
November 12, 2006
SEC Will Do Study On Financial Product SalesThe U.S. Securities and Exchange Commission is hiring an outside company to help it analyze the marketing and delivery of financial products to individual investors.The ...
November 12, 2006
SEC Will Do Study On Financial Product SalesThe U.S. Securities and Exchange Commission is hiring an outside company to help it analyze the marketing and delivery of financial products to individual investors.The ...
November 07, 2006
Services Company Offers To Pay SEC $25 MillionA financial services industry support company may be close to ironing out its differences with the U.S. Securities and Exchange Commission.BISYS Group Inc., Roseland, N.J., ...