Regulation

Goldman Sachs says it will begin publishing values of the assets held in its money market mutual funds in the United States on a daily basis.

The SEC has already missed its end-of-the-year deadline on laying down rules for so-called crowdfunding of new companies. But FINRA has jumped into the regulatory void, issuing a voluntary form for prospective funding portals.

Et tu, Ned Johnson?

One day after Goldman announced that it was publishing daily “shadow values” of its money funds, J.P. Morgan Funds and BlackRock are also planning to publish net asset values for their own money funds.

As advisors wait to see whether they'll be regulated by the SEC or FINRA, the SEC announced that its enforcement director, Robert Khuzami, will leave the agency.

Goldman Sachs said it will begin publishing values of the assets held in its money market mutual funds in the United States on a daily basis. The first funds for which the daily market values will be published are funds that invest in commercial paper.

In the sharply contested fight over how to avoid the automatic tax increases and spending cuts that became known as the fiscal cliff, President Obama emerged as the "clear political winner," according to a new study by the Pew Research Center for People and the Press.

Newly appointed Securities and Exchange Commission Chairman Elisse Walter this week unveiled the agency’s General Counsel in the form of Geoffre Aronow, who will begin his new role later this month.

JPMorgan Chase named Tim Ryan its Global Head of Regulatory Strategy and Policy. SIFMA names Kenneth Bentsen its acting chief, starting Feb. 23, and will search for a permanent successor.

The Financial Industry Regulatory Authority assessed financial firms and individuals $68 million in fines in 2012 and ordered them to pay a record $34 million in restitution to investors, the regulator announced Tuesday.