SEC

SEC picks managing executive of compliance inspections, adds new office

SEC picks managing executive of compliance inspections, adds new office

Robert M. Fisher was named managing executive of the Securities and Exchange Commission’s office of compliance inspections and examinations.

March 08, 2016 | 04:00 pm

Visium Asset Management under investigation by SEC, DOJ

Visium Asset Management is being investigated by the U.S. Department of Justice and the Securities and Exchange Commission.

March 07, 2016 | 03:36 pm
Senate committee finds 'flawed' rule-making on DOL fiduciary rule

Senate committee finds 'flawed' rule-making on DOL fiduciary rule

The Department of Labor's process for developing a new fiduciary standard was flawed by interagency conflict, said a report released Wednesday by the Senate Homeland Security and Governmental Affairs ...

February 24, 2016 | 04:17 pm
Investors petition SEC to reject Exxon plan to exclude climate-change proposal

Investors petition SEC to reject Exxon plan to exclude climate-change proposal

A group of investors co-led by the New York State Common Retirement Fund appealed to the Securities and Exchange Commission to reject Exxon Mobil Corp.'s plan to exclude a shareholder proposal on the ...

February 24, 2016 | 03:41 pm
U.S., EU strike pact on derivatives clearinghouses

U.S., EU strike pact on derivatives clearinghouses

An agreement between U.S. and European Union regulators to settle the issue of equivalency between derivatives clearinghouses in the U.S. and Europe averted what sources said could have meant higher...

February 22, 2016
Money managers, equity markets a priority in 2016, SEC chairwoman says

Money managers, equity markets a priority in 2016, SEC chairwoman says

The Securities and Exchange Commission will spend 2016 focusing on asset management and equity market structure, plus ways to “go beyond disclosure,” Chairwoman Mary Jo White told a...

February 19, 2016 | 03:16 pm
SEC setting its sights on ETFs in 2016

SEC setting its sights on ETFs in 2016

While a reassessment of risk is clearly underway in 2016, it sits squarely on the list of regulatory priorities as well. Exchange-traded funds, specifically, and within the framework of the...

February 11, 2016 | 01:54 pm
Obama budget highlights greater funding for financial regulators, higher PBGC premiums

Obama budget highlights greater funding for financial regulators, higher PBGC premiums

President Barack Obama called for doubling the budgets of financial regulators over the next five years in his fiscal year 2017 budget released Tuesday.

February 09, 2016 | 03:31 pm
SEC proposal could alter use of mutual funds in DC plans

SEC proposal could alter use of mutual funds in DC plans

Proposed SEC regulations that would require mutual funds to have a minimum cash cushion and liquidity risk management programs in place could have a broad impact on retirement plans, sources said.

February 08, 2016
SEC to refund $9 million to Diamondback after overturned insider-trading charges

SEC to refund $9 million to Diamondback after overturned insider-trading charges

Diamondback Capital Management will get back $9 million that it paid in January 2012 to settle insider-trading charges brought by the Securities and Exchange Commission.

February 03, 2016 | 03:48 pm
Credit Suisse, Barclays to pay record settlements over dark pool allegations

Credit Suisse, Barclays to pay record settlements over dark pool allegations

Credit Suisse Securities and Barclays Capital will pay a combined $154.3 million to settle SEC and New York state charges that they misled clients who traded on the firms' dark pools.

February 01, 2016 | 10:46 am

SEC to refund Level Global Investors after overturned insider-trading charge

SEC officials agreed to a request by Connecticut hedge fund Level Global Investors LP to refund a $21.5 million settlement following the dismissal of insider-trading charges.

January 26, 2016 | 04:02 pm
Initiatives for private-sector retirement moving to states

Initiatives for private-sector retirement moving to states

As the Department of Labor sifts through comments on a proposal to allow states to set up their own retirement savings programs for some private-sector workers, the action now shifts to the states...

January 25, 2016
No regulatory holiday likely for managers

No regulatory holiday likely for managers

Last year's busy regulatory agenda for money managers is likely to be eclipsed in 2016, as multiple regulators focus on shared priorities including cybersecurity and money laundering.

January 25, 2016
SEC rules could cut number of alternative trading systems

SEC rules could cut number of alternative trading systems

Proposed SEC regulations to require more transparency for dark pools and other alternative trading systems, if approved, could lead to contraction in the now-fragmented equity trading landscape.

January 25, 2016