The increased use of derivatives by registered funds is a particular risk for retail investors. As a former Director of the Division of Investment Management ...
The repeal of the indemnification requirement is one of many much-needed Dodd-Frank Act fixes identified by SEC staff as they have worked diligently to implement ...
My advice to new Commissioners not familiar with the inner workings of the SEC is to make sure your counsels have that familiarity. Each Commissioner ...
We strongly object to the SEC’s reported recommendation to set up a fair fund, for a number of reasons. Fair funds can play an important ...
Self-reporting also is a valuable tool for parties who want to maximize the benefits available for cooperation. As the cases I just mentioned make ...
All across the capital markets, technology and innovation are challenging the old ways of transacting business and old ways of thinking about regulation. There ...
I want to emphasize that we and the Commission carefully weigh recommending and bringing actions against CCOs. We look hard at the facts and fairness ...
The staff continues to see buyout offers relating to variable insurance contracts with generous guaranteed income benefits and death benefits that, over time, have proven ...
First, we will remain diligent in looking at various trading venues, including dark pools. Dark pools currently do not have the same disclosure obligations as ...
It is through such sharing of technology, data, and ideas, in addition to more immediate assistance in particular cases, that we can further strengthen our ...