Regulation

The reform bill, which the Senate could pass tomorrow, would give the central bank expansive new powers, but also heaps additional responsibilities on it.

In its long-awaited concept release on the proxy “plumbing” process, the Securities and Exchange Commission on Wednesday sought public comment on making changes to the proxy voting and distribution system but fell far short of advocating any major overhaul.

In its long-awaited concept release on the proxy “plumbing” process, the Securities and Exchange Commission on Wednesday sought public comment on making changes to the proxy voting and distribution system but fell far short of advocating any major overhaul.

Joan McKown, who has worked for the SEC since 1986, plans to join Washington-based law firm Jones Day.

If the fund management industry thinks it’s gotten away scot-free on the Dodd-Frank financial regulation reform bill—and several senior fund executives went on the record last week to say it has no impact—the industry’s got another thing coming.

FINRA plans to significantly expand the information it provides via its free online tool, BrokerCheck, in the coming months.

Barring any unforeseen upheavals, Democrats have the assurances they need to secure the 60 votes needed for Senate passage of the Dodd-Frank bill.

Securities and Exchange Commission Chairman Mary Schapiro said ishe personally backs a blanket fiduciary standard for advisers.

Charles Boucher is leaving his post as chief information officer of the Securities and Exchange Commission, after 19 months.

Securities and Exchange Commission Chairman Mary Schapiro said in a speech on Friday that she personally backs a blanket fiduciary standard for advisors.