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.
Clearing Corporation Prefers Risk-Based Capital Ratios
By Allison BellA group that helps process securities trades wants to change its membership standards for insurance companies.[@@]The group, the National Securities Clearing Corp., New York, ...
December 22, 2004
SEC Considers New Broker-Dealer Comp SolutionFederal securities regulators are asking for public comments about a proposal that would give broker-dealers more freedom to shift to fee-based and asset-based compensation ...
December 22, 2004
SEC Delays Final Decision on Merrill Lynch RuleCommission will re-open comment period; pledges final action by April 15
December 22, 2004
Feds Ask: When Are Broker-Dealers Advisors?NU Online News Service, Dec. 22, 2004, 10:05 a.m. ESTThe U.S. Securities and Exchange Commission is considering an issue that could affect life insurance ...
December 20, 2004
Two Franklin Units Settle With SECDec. 13, 2004 -- Two units of Franklin Resources (BEN) agreed to pay $20 million to settle charges that they paid brokers to promote Franklin's...
December 17, 2004
SEC Warns New England Life Of Possible SuitNU Online News Service, Dec. 17, 2004, 5:50 p.m. ESTA unit of MetLife Inc., New York, could face legal action by federal regulators.[@@]The U.S. ...
December 14, 2004
SEC Grants AIG Units ReliefA temporary order will let the investment advisor and broker-dealer units of a large financial services company proceed with normal operations.[@@]The units, part of ...
December 13, 2004
No Satisfaction: Dissenters Rip SEC Hedge Fund RuleWASHINGTON (HedgeWorld.com)--Calling the Securities and Exchange Commission's new rule to require registration of hedge fund managers as investment advisers "the wrong solution to an undefined problem," Commissioners Cynthia A. Glassman and Paul S. Atkins vented months of frustration with the SEC's rulemaking process and its result in a 30-page dissent...