• October 20, 2018
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    New SEC Focus?

    October 4, 2018

    Commissioner Robert J. Jackson, Jr., speaking at George Mason University on Sept. 19, expressed concerns about the U.S. stock markets, in “Unfair Exchange: The State of America’s Stock Markets.”
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    September 6, 2018

    Culture At Financial Institutions & The SEC

    Securities and Exchange Commission Chairman Jay Clayton gave a speech in New York City on June 18 addressing “Observations on Culture at Financial Institutions and the SEC,” which really seemed to be a good fit while we are talking about duties to one’s clients. I have identified highlights of his speech, with the full text available here.


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    Simons Says

    August 2, 2018

    National Exam Program Risk Alerts
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    Simons Says

    July 5, 2018

    The SEC’s 4-Year Goals

    On June 19, the Securities and Exchange Commission published a draft strategic plan for comment that outlined the Commission’s goals for the next four fiscal years, 2018 through 2022, and asked the public for comments on those goals.
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    Simons Says

    June 7, 2018

    Suitability-Plus Standards

    Last month we talked about the SEC’s proposed Fiduciary Rule (as compared to the DOL’s proposed Fiduciary Rule), but since the proposals do not place a fiduciary obligation on the broker-dealer, I like SEC Commissioner Hester Peirce’s reference to a “suitability-plus standard” for registered broker-dealers.
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    Simons Says

    May 3, 2018

    SEC Standards of Conduct For Investment Professionals

    On April 18, Securities and Exchange Commission Chairman Jay Clayton addressed an open meeting of the Commission on standards of conduct for broker-dealers and investment advisers.
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