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.
Battle rages on over 151A
By Brian AndersonOn Tuesday the U.S. Court of Appeals for the Washington D.C. Circuit ordered the Securities and Exchange Commission to reconsider Rule 151A, which deems annuities linked to equity indexes to be securities subject to registration with the SEC.
July 10, 2009
SEC Acts Against B-DThe U.S. Securities and Exchange Commission has announced an enforcement action against a broker-dealer subsidiary of a company that is active in the insurance industry.
July 09, 2009
SEC Acts Against B-DThe U.S. Securities and Exchange Commission has announced an enforcement action against a broker-dealer subsidiary of a company that is active in the insurance industry.
July 01, 2009
Court Orders SEC to Reconsider 151AA U.S. appeals court ordered the Securities and Exchange Commission (SEC) to reconsider Rule 151A, which classified indexed annuities as a securities product, thus subjecting them to federal oversight. The U.S. Court of Appeals for the D.C.
July 01, 2009
Coalition praises anti-151A legislationThe Coalition for Indexed Products has voiced its support to a newly introduced companion bill to the Meeks-Price Bill, designed to defeat the SEC's 151A efforts. Bill S.1389, introduced June 29 by Senator Ben Nelson (D-NE) and cosponsored by
July 01, 2009
Clark at Large: Reality CheckOne of the talents you develop from being a reporter for too long is the ability to spot a "source" when you see one. I'm...
July 01, 2009
Danger & Opportunity: Bracing for ChangeNow that the Obama Administration has released its financial services reform plan via a White Paper June 17, it looks to be all but inevitable...
June 30, 2009
Senate Gets Annuity BillSenate members have introduced S. 1389, a bill that could reverse efforts by the U.S. Securities and Exchange Commission to claim jurisdiction over indexed annuities.