Displaying 184 results
REGULATION: End to broker voting on horizon
Brokerage firms would be unable to vote the proxies of their clients under a rule the SEC is planning to modify, according to published reports.
REGULATION: SEC argues its case for EIAs
Oral arguments took place last month in a lawsuit challenging an SEC rule that classifies index annuities as securities.
REGULATION: Stricter money market fund rules possible
The SEC is considering making changes to rules governing money market mutual funds, according the agency’s chairman, Mary Schapiro.
SEC: Custody rules might change
The SEC plans to propose changes to custody rules aimed at better protecting investor assets, the agency’s chairman said last month in a public speech.
REGULATION: Call made for planner regulatory board
A coalition of financial planning industry groups is calling for a new regulatory board to oversee anyone who offers planning services.
REGULATION: Oral arguments in annuities lawsuit nears
Oral arguments are scheduled for May 8 in a lawsuit challenging a new Securities and Exchange Commission rule that classifies indexed annuities as securities.
SEC: End to broker voting on horizon
Brokerage firms would be unable to vote the proxies of their clients under a rule the SEC is planning to modify, according to published reports.
REGULATION: Uptick rule on agenda
An SEC open meeting scheduled for tomorrow will focus on the uptick rule, which was in effect from 1938 until securities regulators abolished it in 2007.
REGULATION: Group fights equity-indexed annuities rule
A coalition of insurance companies that are fighting an SEC rule recently argued their position in court.
REGULATION: SEC pursuing reform agenda
SEC Chairman Mary Schapiro said last month that her agency might urge Congress both to require registration of hedge funds and to combine oversight of advisers and broker-dealers.
LEGISLATION: Obama budget proposal addresses retirement, taxes
President Obama’s fiscal 2010 budget proposal includes several items that could be of interest to financial advisers.
REGULATION: Round table focuses on credit rating agencies
The SEC will hold a round table April 15 to explore its oversight of credit rating agencies.
RETIREMENT: Break sought for employer 401(k) contributions
An industry group last month asked the government to let certain employers stop making required contributions to employees’ 401(k) plans.
REGULATION: More adviser oversight could be on its way
SEC Chairman Mary Schapiro said last month that among the regulator’s priorities this year is improved oversight of broker-dealers and investment advisers.
REGULATION: Group argues against equity index annuities rule
A coalition of insurance companies that are fighting an SEC rule argued their position in court last month.
INSURANCE: Bill pushing federal regulator on horizon
Two members of Congress last month said they plan to introduce legislation that would mandate federal regulation of the insurance industry.
Lawsuit targets new SEC annuity rule
A coalition of several insurance companies and marketers last month sued the SEC in federal court to try to overturn a new rule that classifies index annuities as securities.
Idea of insurance info office remains alive
A bipartisan group of House members last month sent a letter to new Treasury Secretary Timothy Geithner encouraging him to create an office of insurance information in his department.
New SEC chief favors “say on pay”
The new SEC chairman has come out in favor of giving shareholders an advisory vote on executive pay.
Hedge fund registration expected to reappear
The ranking Republican on the Senate Finance Committee said recently that he plans to revive legislation that would require hedge funds to register with the SEC.
