SEC

 SEC Chairwoman White discusses money market reform, FSOC at ICI conference

SEC Chairwoman White discusses money market reform, FSOC at ICI conference

New rules imposing safeguards on money market funds will be out “in the very near term,” SEC Chairwoman Mary Jo White said Thursday at an Investment Company Institute conference in...

May 22, 2014 | 12:42 pm
Corporate tax strategies threaten wealth creation

Corporate tax strategies threaten wealth creation

Google Inc. shareholders May 14 rejected by a 93% vote a proposal sponsored by my firm, seeking the adoption of a responsible code of conduct to guide the company's global tax strategies. I suspect...

May 14, 2014 | 04:35 pm

SEC sees illegal or bad fees in 50% of buyout firms examined

U.S. regulators found illegal collections of fees or severe compliance shortfalls in more than half of the private equity firms it has examined since 2012, a Securities and Exchange Commission...

May 06, 2014 | 03:31 pm
NYSE settles with SEC on oversight lapses

NYSE settles with SEC on oversight lapses

The New York Stock Exchange and two affiliated exchanges agreed to pay $4.5 million and re-evaluate their business practices to settle an enforcement action brought by the Securities and Exchange...

May 01, 2014 | 04:00 pm

SEC charges Utah retirement plan administrator with improper use of IRA assets

The SEC seized the assets and brought fraud charges against American Pension Services Inc., Riverton, Utah, and founder Curtis L. DeYoung for improper use of IRA assets.

April 30, 2014 | 04:07 pm

SEC money market reform could hurt Federated, other large managers

New safeguards on money market funds expected from the Securities and Exchange Commission later this year will have a negative impact on some of the largest managers, according to a commentary...

April 29, 2014 | 05:47 pm
Northern Trust gets SEC subpoena over securities lending program

Northern Trust gets SEC subpoena over securities lending program

Officials at Northern Trust Corp. said the company received a subpoena from the Securities and Exchange Commission this month related to the company's securities lending.

April 29, 2014 | 11:19 am
The CFA Institute's view of the Pershing Square, Allergan, Valeant deal

The CFA Institute's view of the Pershing Square, Allergan, Valeant deal

When looking at the situation from 10,000 feet, there might be reason to suspect some unethical conduct occurred with Pershing Square Capital Management LP's purchase of shares and options totaling 9....

April 28, 2014
Alternative mutual funds to get SEC test for leverage, liquidity

Alternative mutual funds to get SEC test for leverage, liquidity

Alternative mutual funds will be examined by the Securities and Exchange Commission to assess whether managers are complying with leverage and liquidity rules.

April 23, 2014 | 02:11 pm
SEC proposes additional requirements for swaps dealers

SEC proposes additional requirements for swaps dealers

Swaps dealers would be required to maintain daily security-based trading records under proposed rules announced by the SEC on Wednesday.

April 17, 2014 | 04:20 pm
CFA Institute managing director succeeds Joe Dear as SEC investment advisory chair

CFA Institute managing director succeeds Joe Dear as SEC investment advisory chair

Kurt Schacht, managing director of the CFA Institute's standards and financial market integrity division, was elected chair of the Securities and Exchange Commission's...

April 17, 2014 | 01:14 pm

Better oversight of HFT

Michael Lewis shocked the investing public with his charge that the stock market is rigged. He will have done investors a great service if he has also shocked the Securities and Exchange Commission...

April 14, 2014
Tightening up trading costs

Tightening up trading costs

Institutional investors must keep careful watch on trading costs, and take steps to minimize them, as recent research shows they rival investment management fees in their impact on portfolios.

April 14, 2014
SIFMA study responds to stability oversight council

SIFMA study responds to stability oversight council

As the U.S. Financial Stability Oversight Council and the Financial Stability Board in Basel consider ways to monitor risk among large money managers, the industry is trying to fill in some of the...

April 10, 2014 | 11:45 am

SEC internal review finds bogus fees paid to private equity firms

A majority of private equity firms inflate fees and expenses charged to companies in which they hold stakes, according to an internal review by the Securities and Exchange Commission, raising the...

April 08, 2014 | 02:14 pm