Compliance

The Securities and Exchange Commission released its report on May 6’s so-called Flash Crash, but did little else to clarify whether there was any malfeasance involved or whether the report would eventually lead to changes in the way trading is regulated.

Commissioners detail the trade that sunk the market, but won't comment on whose fault it was or what they're doing to fix the problem.

The joint report of the Commodity Futures Trading Commission and the Securities and Exchange Commission on the May 6 Flash Crash is out; and, as expected, the trigger event was found to be a large, programmed effort by a mutual fund complex to sell E-Mini contracts.

Securities and Exchange Commission Chairman Mary Schapiro said Thursday the federal regulator could possibly issue new proposed shareholder corporate governance and executive compensation reform rules “in the next few weeks."

As the battle rages over harmonizing regulation under fiduciary standard, are more rules really the answer?

The Securities and Exchange Commission plans to launch its new office of municipal securities by the end of October, chairman Mary Schapiro said in prepared testimony presented to the Senate Banking Committee Thursday.

The Securities and Exchange Commission charged two State Street Bank and Trust Co. employees for allegedly misleading investors about their exposure to subprime investments.

As the Financial Stability Oversight Council prepared to hold its first meeting Friday, members of the panel faced open doubts from lawmakers and others about how fast it can move and what it can accomplish.

The Securities and Exchange Commission on Thursday charged two State Street Bank and Trust Co. employees for allegedly misleading investors about their exposure to subprime investments.

The Securities and Exchange Commission has quietly hired the head-hunting firm Korn/Ferry ­International to find candidates to lead a new municipal securities office that will have a higher stature within the SEC.

Doors to the first meeting of the Financial Stability Oversight Council will be closed, but rest assured improvements in the oversight of the financial services business are underway.

The advisor allegedly gained access and control over all the assets of an MSSB clients, a 98-year-old woman in failing health.

The new rules permit mutual funds to earn income from commodities.

The House Wednesday passed the Regulated Investment Company Modernization Act, which updates mutual fund tax regulations for the first time in more than 20 years.

At least two lenders — Popular and Huntington Bancshares — and possibly a third, U.S. Bancorp, are planning to cope with the high cost of regulation a different way.

FINRA is proposing all-public arbitration panels in a rule it’s filing with the Securities and Exchange Commission next month, following a two-year pilot program.

Putting advisors’ fate in the hands of non-industry participants is dangerous, some argue, while others say the process should be scrapped altogether.

President Obama signed the Small Business Jobs Act into law on Monday, providing $12 billion in tax breaks and a $30 billion lending fund for small businesses.

The move underscored the difficulty of implementing the Dodd-Frank regulatory reform law, which requires regulators to act independently and in concert with other agencies.

The designation’s enforcers admonish, suspend and bar advisors for transgressions that range from squalid to bizarre.