Regulation

Securities and Exchange Commission Chairman Christopher Cox announced this week that the SEC will be conducting an internal inquiry into the structure of its current disclosure system, creating a “fundamental rethinking of financial disclosure.”

When things start to go bad in the stock market or the economy in general, previously ignored things like mutual fund fees can suddenly irk investors.

Plans are currently underway to create a new commodities exchange in Hong Kong, potentially giving China a larger role in setting the world’s petroleum prices and adding to the reputation it craves as a global, economic powerhouse.

In light of the crisis of confidence in rating agencies following the subprime crisis, the Securities and Exchange Commission will diminish the importance of money market fund managers’ reliance on such agencies when investing in short-term debt.

The recent mortgage market crisis has opened a Pandora's box of white-collar cases probed by the U.S. attorney’s Eastern District office.

When an employee leaves a firm, can they take their client list with them to their new job?

The Supreme Court’s recent decision in LaRue v DeWolff to permit workers in 401(k) plans to sue administrators for high fees will inevitably lead to lower fees—and the end of the retail mutual fund industry’s dominance of the market. That’s the strong opinion of widely quoted, and frequent financial TV guest Ric Edelman.

The Securities and Exchange Commission announced Thursday that it would be releasing $103 million to investors who have lost money involving Banc of America Capital Management LLC (BACAP) and affiliates’ illegal and unethical activities.

As the tax debate begins between Senator Barack Obama and Senator John McCain, many investors and tax advisors say capital gains taxes will increase no matter what the outcome is this coming November, The Wall Street Journal reports. Senator Obama seeks to increase the current capital gains rate 5% or more for families making over $250,000.

Boston-based Eaton Vance Management has just received a no-action letter from the SEC that will permit it to provide a new auction-rate security known as Liquidity Protected Preferred Shares, The Wall Street Journal reports.