SEC

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  1. Tightening up trading costs

    trueInstitutional 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.

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  1. SIFMA study responds to stability oversight council

    trueAs 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 information gaps.

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  2. SEC internal review finds bogus fees paid to private equity firms

    trueA 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 prospect of a wave of sanctions by the agency.

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  3. SEC adds private fund team to examination division

    trueThe SEC is adding private fund expertise to its examination team.

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  4. SEC commissioners decry systemic designation for asset managers

    trueTwo Securities and Exchange Commission members this week backed the fund industry's stance that asset management companies shouldn't be deemed too big to fail, and they also complained that they are being shut out of deliberations by federal regulators that could lead to tougher regulation on the ...

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  5. Pending Supreme Court case could make company stock option toxic

    trueThe U.S. Supreme Court will hear oral arguments April 2 in a pivotal defined contribution case.

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  6. Och-Ziff stock falls after announcement of SEC, Justice investigations

    trueOch-Ziff Capital Management Group's stock fell 3.45% Wednesday after it announced U.S. regulators are investigating whether it broke bribery laws in accepting an investment from a sovereign wealth fund.

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  7. SEC settles New York pay-to-play charges

    trueSeven people involved in a pay-to-play scandal with the $160.7 billion New York State Common Retirement Fund, Albany, have settled charges brought by the SEC, the agency announced Monday.

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  8. A new cop at the SEC

    trueWith Mary Jo White now leading the Securities and Exchange Commission, senior executives of investment management firm and officials of fiduciary fund boards as well as compliance professionals alike should recognize the need to step up their game to avoid a potential run-in with the new cop on the ...

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  9. Ceres: SEC needs to better enforce climate change disclosure requirements

    trueThe Securities and Exchange Commission “is not adequately enforcing” compliance of its requirements for corporations to disclose climate change financial risks, according to a new report by Ceres.

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  10. Better way to elect directors

    trueIf proxy voting is the principal way shareholders influence corporate governance and the direction of corporations, the rules of the Securities and Exchange Commission fall short in enabling shareholders in contested elections to select the combination of nominees they believe will best foster ...

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  11. SEC charges Camelot managing director with stealing $9 million from investors

    trueThe SEC on Thursday charged Lawrence E. Penn III, managing director at The Camelot Group, with stealing $9 million from investors in Camelot Acquisitions Secondary Opportunities, a venture capital fund, according to a news release from the Securities and Exchange Commission.

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  12. WAMCO reaches settlements with SEC, DOL

    trueWestern Asset Management Co. will pay $21 million to settle charges involving internal coding errors and cross trading resulting in some investor losses.

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  13. Arbitration threatens to wipe out shareholder rights

    trueA new movement would push companies to adopt provisions that could limit shareholders' ability to protect and enforce their rights in courtrooms across the country.

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