SEC

SEC to require backup operational plans for large-volume trading venues

SEC to require backup operational plans for large-volume trading venues

The SEC on Wednesday approved requiring large-volume equity exchanges, alternative trading systems and dark pools to submit to the agency backup operational plans in case those venues' technological...

November 19, 2014 | 02:38 pm
FSOC process necessary, Dodd says

FSOC process necessary, Dodd says

The Financial Stability Oversight Council's mission to identify systemically important non-bank financial institutions is necessary, former Sen. Christopher J. Dodd said Tuesday at an event marking...

November 18, 2014 | 02:37 pm
Regulators levy $4.4 billion in fines on banks for forex manipulation

Regulators levy $4.4 billion in fines on banks for forex manipulation

Citibank, HSBC, J.P. Morgan Chase, Royal Bank of Scotland and UBS received a combined $3.4 billion in penalties from U.S., U.K. and Swiss regulators for manipulating foreign exchange benchmark rates...

November 12, 2014 | 09:55 am

First fines in forex probe expected Wednesday

U.S., U.K. and Swiss authorities are preparing to levy the first penalties over foreign-exchange manipulation against at least six banks on Wednesday.

November 11, 2014 | 04:24 pm
Critics strike back at tick-size pilot program

Critics strike back at tick-size pilot program

The inclusion of a trade-at provision in the SEC's proposed small-cap tick-size pilot program is proving controversial, with debate centering on whether it unfairly targets dark pools and makes the...

November 10, 2014
Justice Department, SEC probe State Street over political contributions

Justice Department, SEC probe State Street over political contributions

The Justice Department and Securities and Exchange Commission are investigating State Street Corp. concerning the custody bank's solicitation of business from public pension funds, including...

November 10, 2014 | 02:30 pm

Eaton Vance receives SEC exemption for active non-transparent ETFs

The SEC granted Eaton Vance an exemption from certain provisions of the Investment Company Act of 1940 to permit the offering of exchange-traded managed funds, said Eaton Vance spokeswoman Robyn Tice.

November 07, 2014 | 03:52 pm
Managers more serious about compliance

Managers more serious about compliance

Private equity and hedge fund managers, prodded by their institutional clients, are taking compliance more seriously as federal examiners and enforcers up their game targeting practices they say put...

October 27, 2014

ETP traders not responding to exchange overtures

All too often, exchange-traded products are described as mutual funds that trade like stocks. A closer look reveals that not to be the case. To the surprise of many, ETP traders are comfortable in...

October 27, 2014
The market is ready for proxy access

The market is ready for proxy access

It is time for the Securities and Exchange Commission to propose proxy access again.  

October 27, 2014
Money managers to redraw battle plans after SEC nixes batch of nontransparent ETFs

Money managers to redraw battle plans after SEC nixes batch of nontransparent ETFs

Active fund managers will have to redraw battle plans in their years-long push to bring new products to exchanges after regulators delivered a public rebuke to two proposals for so-called “non-...

October 24, 2014 | 01:42 pm
SEC rejects applications for non-transparent ETFs

SEC rejects applications for non-transparent ETFs

The Securities and Exchange Commission has declined an appeal by active fund managers to allow ETFs to trade without disclosing their underlying holdings.

October 22, 2014 | 02:49 pm
SEC's compliance office makes conflicts of interest a top priority

SEC's compliance office makes conflicts of interest a top priority

Conflicts of interest are a top priority for the Securities and Exchange Commission's office of compliance inspections and examinations, Andrew Bowden, OCIE director, told compliance professionals...

October 21, 2014 | 04:04 pm
SEC picks hedge fund expert as OCIE deputy director

SEC picks hedge fund expert as OCIE deputy director

Marc Wyatt was named deputy director of the SEC’s office of compliance inspections and examinations, the agency announced Monday.

October 20, 2014 | 03:45 pm

SEC enforcement sets record in FY 2014

The Securities and Exchange Commission filed a record 755 enforcement actions in fiscal year 2014 that led to $4.16 billion in disgorgement and penalties, according to preliminary figures released by ...

October 16, 2014 | 04:08 pm