SEC

SEC names interim compliance director

SEC names interim compliance director

Marc Wyatt was named acting director of the SEC's office of compliance inspections and examinations.

April 09, 2015 | 06:08 pm

SEC compliance chief to depart at end of April

Andrew Bowden is stepping down as director of the SEC’s office of compliance inspections and examinations, the agency announced Tuesday.

April 07, 2015 | 04:11 pm
DOL, SEC tag-teaming managers on enforcement

DOL, SEC tag-teaming managers on enforcement

Executives at money managers and other financial firms — bracing for new fiduciary standards from both the DOL and SEC — are feeling increasingly double-teamed by the agencies.

April 06, 2015
Patriarch Partners files suit to have SEC charges heard in U.S. District Court

Patriarch Partners files suit to have SEC charges heard in U.S. District Court

Patriarch Partners and CEO Lynn Tilton are fighting back against charges announced by the SEC on Monday involving three of the private equity firm's funds.

April 01, 2015 | 01:03 pm
Schapiro: Multitude of trading venues a regulatory challenge for SEC

Schapiro: Multitude of trading venues a regulatory challenge for SEC

The equity market structure with more than 70 venues for trading and 35% of trades done in dark pools represents a major regulatory challenge for the Securities and Exchange Commission, Mary Schapiro,...

March 31, 2015 | 02:26 pm

J.P. Morgan executives said to be deposed in SEC asset management probe

J.P. Morgan Chase executives have been deposed and thousands of pages of internal documents subpoenaed as part of a U.S. investigation into the bank's asset management unit, according to people...

March 31, 2015 | 03:58 pm

SEC should increase board diversity disclosure — public pension funds

Nine large public pension funds asked the SEC on Tuesday to require companies to disclose more about their boards’ diversity.

March 31, 2015 | 03:32 pm
Accounting class-action lawsuits rise in 2014 — study

Accounting class-action lawsuits rise in 2014 — study

The number of securities class actions alleging accounting violations increased in 2014, spurred by increased SEC enforcement and more cases involving corporate restatements, according to a new report.

March 31, 2015 | 12:01 am
SEC charges private equity firm Patriarch, CEO with improper valuation

SEC charges private equity firm Patriarch, CEO with improper valuation

The SEC on Monday charged Patriarch Partners and CEO Lynn Tilton with improper asset valuation and failure to disclose poor performance of loan assets in three collateralized loan obligation funds...

March 30, 2015 | 02:26 pm

Omega hedge fund firm receives federal subpoenas

Billionaire Leon Cooperman, founder of hedge fund Omega Advisors, told clients that his firm has been subpoenaed by the U.S. Attorney’s Office in New Jersey and the Securities and Exchange...

March 26, 2015 | 03:08 pm
High-frequency traders to be regulated by FINRA

High-frequency traders to be regulated by FINRA

High-frequency and other proprietary traders will be overseen by the Financial Industry Regulatory Authority under a proposed rule announced by the Securities and Exchange Commission on Wednesday.

March 25, 2015 | 02:33 pm
SEC pay-to-play critics get their day in court

SEC pay-to-play critics get their day in court

Republican state committees in New York and Tennessee asked a federal appeals court in Washington on Monday to overturn the Securities and Exchange Commission’s pay-to-play rule.

March 23, 2015 | 03:33 pm
SEC to look closer at internal compliance, Foreign Corrupt Practices Act violations

SEC to look closer at internal compliance, Foreign Corrupt Practices Act violations

Internal compliance controls at firms regulated by the Securities and Exchange Commission will get more scrutiny this year, enforcement director Andrew Ceresney said Thursday at a Corporate Counsel...

March 12, 2015 | 03:31 pm
Firms oppose SEC's internal enforcement process

Firms oppose SEC's internal enforcement process

Pursuing enforcement actions in-house instead of through the courts has paid off for the Securities and Exchange Commission in recent years, but the agency might now be a victim of its own success.

March 09, 2015

SEC round-table panelists debate necessity for universal proxy ballot

Corporations should adopt a universal proxy ballot enabling shareholders to vote for both management and activist nominees for boards of directors on the same voting card, Anne Simpson, senior...

February 19, 2015 | 03:58 pm