January 25, 2016

SEC Enforcement Director Discusses the Division’s Focus on Financial Reporting Misconduct

In a keynote address at the Directors Forum 2016, SEC Division of Enforcement Director Andrew Ceresney discussed the Division’s work in the area of issuer reporting and disclosure, noting the importance of aggressively pursuing financial reporting deficiencies.

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May 1, 2013

SEC Chairman White Speaks at ICI General Membership Meeting

Mary Jo White, the Chairman of the SEC, spoke at the ICI’s General Membership Meeting in Washington, D.C. about global securities regulation. After brief introductory remarks, she stated that the SEC has long been at the forefront on multilateral efforts to ensure that broad standard setting is coupled with robust…

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April 18, 2013

SEC Commissioner Aguilar Speaks on Compliance

SEC Commissioner Luis Aguilar spoke at the Regulation, Operations & Compliance (ROC) 2013 conference in New York, which was sponsored by the Regulatory Compliance Association. After noting the growth of the adviser industry, he spoke about the importance of a culture of compliance at an investment adviser. He stated that…

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April 16, 2013

SEC Commissioner Walter Speaks on Examining Advisers

SEC Commissioner Elisse Walter spoke at the 2013 NASAA Public Policy Conference in Washington, D.C. on SEC exams of investment advisers. She spoke about lessons that the SEC has learned through its advisory examination program and the challenges that remain.

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March 18, 2013

Remarks by Norm Champ at the ICI’s 2013 Mutual Funds and Investment Management Conference

In his March 18 remarks to the ICI’s 2013 Mutual Funds and Investment Management Conference, Norm Champ, the SEC’s Director of the Division of Investment Management, said that the Division is working to enhance its “eyes and ears” and to get “a better and more first-hand understanding of the workings of the fund industry.”

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March 4, 2013

Division of Investment Management Outlines Regulatory Initiatives

A speech written by Norman Champ, the SEC’s Director of the Division of Investment Management, and delivered by David Grim, the SEC’s Deputy Director of the Division of Investment Management, at the Investment Management Institute 2013 in New York, outlined the Division’s short-term and long-term regulatory goals.

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May 8, 2012

SEC Chairman Mary Schapiro to Speak at Fund Event

SEC Chairman Mary Schapiro will speak at the ICI’s General Membership meeting on May 11, 2012.  The event is being held at the Marriott Wardman Park Hotel in Washington, D.C.Click here for additional information.

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September 7, 2011

SEC Chairman Issues Statement on Proxy Access Litigation

SEC Chairman Mary L. Schapiro confirmed that the SEC is not seeking rehearing of the decision by the U.S. Court of Appeals in Washington, D.C. vacating SEC Rule 14a-11, which would have required companies to include shareholders’ director nominees in company proxy materials in certain circumstances.  Nor will the SEC seek Supreme Court review.

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May 6, 2011

SEC Chairman Schapiro Speaks at ICI General Membership Meeting

SEC Chairman Mary Schapiro spoke at the ICI General Membership meeting held in Washington, D.C.  She noted that the day of her speech was the day of the 2010 flash crash.  On that day, a combination of algorithmic trading systems and rational trading behavior drove a broad liquidity crisis that caused unprecedented gyrations in the equities markets. During the May 6, 2010, flash crash, the Dow Jones Industrial Average dropped 1,000 points, with hundreds of stocks briefly trading at close to zero before rebounding within minutes.

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July 27, 2010

SEC Chairman Schapiro Give Speech on How the SEC Will Implement Financial Reform Legislation

SEC Chairman Schapiro gave a speech at the Center for Capital Markets Competitiveness, U.S. Chamber of Commerce in Washington, D.C. on the new Dodd-Frank Act and how the SEC proposes to implement the legislation.  She reviewed the demanding schedule imposed on the SEC by the new law, which requires the SEC to produce dozens of studies and rulemakings.

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