SEC

SEC proposes rule change for universal proxy-voting cards

SEC proposes rule change for universal proxy-voting cards

The Securities and Exchange Commission on Wednesday proposed rule changes to require so-called universal proxy-voting cards that would include the names of all management and dissident nominees to...

October 26, 2016 | 04:19 pm
Calvert settles valuation, disclosure issues that are agency priorities in 2017, SEC officials say

Calvert settles valuation, disclosure issues that are agency priorities in 2017, SEC officials say

Calvert Investment Management agreed to settle charges announced by the Securities and Exchange Commission that it improperly valued a bond holding and did not correctly disclose its remediation...

October 18, 2016 | 03:31 pm
New lows for commercial paper

New lows for commercial paper

The amount of outstanding commercial paper reached historic lows this week as data released Wednesday showed a balance of $902.9 billion, while the 90-day discount rates have climbed to levels not...

October 14, 2016 | 03:55 pm

SEC picks associate enforcement director

Melissa Hodgman was named associate enforcement director at the Securities and Exchange Commission on Friday.

October 14, 2016 | 03:43 pm
SEC coordinating with other agencies on public pension fund pay-to-play

SEC coordinating with other agencies on public pension fund pay-to-play

The Securities and Exchange is collaborating more with other law enforcement agencies to find pay-to-play cases in the awarding of money manager and other contracts by public pension funds, Andrew...

October 13, 2016 | 03:53 pm
SEC finalizes rules requiring more liquidity risk disclosure from mutual funds, ETFs

SEC finalizes rules requiring more liquidity risk disclosure from mutual funds, ETFs

Mutual fund and ETF managers will have new reporting and liquidity risk management rules following approval Thursday by the Securities and Exchange Commission to finalize new guidelines proposed in...

October 13, 2016 | 04:24 pm
SEC said to demand that Cooperman agree to hedge fund suspension

SEC said to demand that Cooperman agree to hedge fund suspension

Wall Street's top cop demanded that a resolution of its insider-trading case against Leon Cooperman include the billionaire investor accepting a temporary suspension from the hedge fund industry,...

October 13, 2016 | 12:07 pm

Deutsche Bank settles with SEC over private information disclosure, will pay $9.5 million

Deutsche Bank Securities agreed to pay $9.5 million to settle SEC claims that it did not safeguard private information created by the firm’s equity research analysts when speaking with its...

October 12, 2016 | 06:00 pm
SEC sets new enforcement record in 2016 fiscal year

SEC sets new enforcement record in 2016 fiscal year

The Securities and Exchange Commission set a new, single-year enforcement high in fiscal year 2016, including a record number of cases involving investment advisers or investment companies, the...

October 11, 2016 | 04:03 pm
Och-Ziff to pay $413 million to settle civil, criminal bribery charges

Och-Ziff to pay $413 million to settle civil, criminal bribery charges

Och-Ziff Capital Management Group will pay nearly $200 million to settle SEC charges of bribing African government officials, and a criminal penalty of $213 million as part of a deferred prosecution...

September 29, 2016 | 04:07 pm
Congress averts government shutdown

Congress averts government shutdown

The House of Representatives approved late Wednesday a spending bill that funds the federal government through Dec. 9.

September 29, 2016 | 11:14 am
SEC proposes two-day settlement time for securities transactions, enhanced clearing standards

SEC proposes two-day settlement time for securities transactions, enhanced clearing standards

The SEC on Wednesday proposed to shorten the standard settlement time for broker-dealer securities transaction to two business days after the trade date, or T+2, from the current three-day settlement ...

September 28, 2016 | 03:42 pm
Supreme Court denies Patriarch Partners stay request

Supreme Court denies Patriarch Partners stay request

A bid by Patriarch Partners and CEO Lynn Tilton to have the U.S. Supreme Court stay an SEC enforcement against them was rejected Tuesday without comment.

September 28, 2016 | 12:33 pm
Money market fund reform's challenges for asset owners

Money market fund reform's challenges for asset owners

On Oct. 14, new SEC regulations will upend the longtime practice of institutional asset owners investing cash in money market funds to maintain principal while enjoying daily liquidity and earning a...

September 23, 2016 | 10:00 am
Leon Cooperman, Omega Advisors charged with insider trading

Leon Cooperman, Omega Advisors charged with insider trading

Leon G. Cooperman and Omega Advisors were charged with insider trading by the Securities and Exchange Commission on Wednesday.

September 21, 2016 | 02:18 pm