Regulation

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.

Bankers may never be considered Boy Scouts on compensation, but in terms of the executive pay provisions in the financial reform bill, they certainly are prepared.

The Securities and Exchange Commission is making risk disclosures one of its highest priorities, with the goal of doing a better job of regulating derivates, hedge funds and credit rating agencies.

The financial services reform bill in Congress calls for 68 in-depth studies into financial services products and practices, including: performance data in mutual fund advertisements, short selling and stronger insurance regulation, which could impact annuities and other retirement income products.