US Court of Appeals Crushes Rule 151a

The insurance lobby is celebrating thier vistory today. The U.S. Court of Appeals vacated the Rule as a result of the SEC’s “arbitrary and capricious” failure to perform the required... [...]

The Securities and Exchange Commission  is proposing changes that would replace Rule 12b-1 fees that allow mutual funds to use their assets to compensate securities professionals who sell shares of the... [...]

Broker-dealers’ sales of structured products, including private-placement notes and reverse convertibles, remain a top concern of state securities regulators. In addition there is growing concerns among state regulators about the... [...]

The Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”)1, enacted earlier this summer, imposes significant new corporate governance and executive compensation requirements that apply not just to financial... [...]

Now here is something that could help spur growth in the economy. The Senate and the House of Representatives have passed the small business lending bill. The legislation, among other... [...]

……the SEC’s exemption permitting nonpublic broker dealer firms to have their financial statements audited by independent public accounting firms not registered with the PCAOB expired on Dec. 31, 2008. The... [...]