January 27, 2011

Askari Foy Named Associate Regional Director for Examinations in SEC Atlanta Regional Office

The SEC announced the promotion of Askari Foy to Associate Regional Director for Examinations in the its Atlanta Regional Office.

Continue reading...

January 27, 2011

SEC to Combine Broker-Dealer and Investment Adviser Search Feature on its Web Site

In a study, the SEC recommended that the FINRA's BrokerCheck website and the Investment Adviser Public Disclosure (“IAPD”) website be modified so that investors can simultaneously search both databases and receive unified search results.

Continue reading...

January 25, 2011

SEC Answers Questions About Information Filed on Form N-MFP

The SEC staff posted a series of questions and answers on the availability of information filed by money market funds on Form N-MFP.

Continue reading...

January 21, 2011

MSRB Proposes New Pay-to-Play Rule for Municipal Advisors

The Municipal Securities Rulemaking Board (“MSRB”) proposed pay-to-play rules for municipal advisors (“Rule G-42” or the “proposal”) and to make conforming changes to existing MSRB rules.

Continue reading...

January 21, 2011

Judge Allows DoubleLine Capital to Operate Pending Trial

The judge presiding over the legal battle between L.A. money managers TCW Group Inc. and DoubleLine Capital has thrown out TCW’s attempt to effectively shut down DoubleLine’s mutual funds pending a trial.

Continue reading...

January 20, 2011

SEC Names Sokobin Acting Director of the Division of Risk, Strategy and Financial Innovation

Jonathan S. Sokobin was appointed Acting Director of the SEC's Division of Risk, Strategy, and Financial Innovation (the “Division”).  He replaces Henry T.C. Hu, who is no longer with the agency.

Continue reading...

January 18, 2011

Eileen Rominger Appointed New Director of SEC’s Division of Investment Management

The SEC appointed Eileen Rominger as the new Director of its Division of Investment Management.  She starts with the SEC next month.

Continue reading...

January 7, 2011

SEC Issues Orders Against Former Portfolio Managers of Tax Free Fund for Utah

The SEC brought charges against Kimball L. Young and Thomas S. Albright, former portfolio managers of the Tax Free Fund for Utah (TFFU), a municipal bond fund operated and advised by Aquila Investment Management, LLC (Aquila), a registered investment adviser.

Continue reading...

January 5, 2011

Morningstar Picks Top Mutual-Fund Managers of Year for 2010

Morningstar Inc. named Bob Goldfarb and David Poppe of Sequoia Fund, Brent Lynn of Janus Overseas and Michael Hasenstab of Templeton Global Bond mutual-fund managers of the year for 2010.

Continue reading...

December 27, 2010

RR Donnelley First to File Live XBRL for Mutual Fund

R.R. Donnelley & Sons Company announced that it has made its first XBRL filing for a mutual fund client. The documents were submitted under the “Interactive Data for Mutual Fund Risk/Return Summary” rule (Release No. 33-9006). The filing, on December 17, 2010, was for Russell Investments, a Seattle-based adviser to a number of mutual funds. It included Form 485BPOS with XBRL exhibit 101.

Continue reading...

Menu