Archive
Registration
Tag: Rule Proposal
Commission Proposes Rules on Asset-Backed Securities
April 08, 2010
At yesterday's open meeting of the SEC, the Commission approve the proposal of rules and rule amendments governing asset-backed securities. According to SEC Chair, Mary L. Schapiro: The rules we are proposing stem from lessons learned during the financial crisis . . . These rules… read more
Annette Nazareth on the Proposed Large Trader Reporting System
May 03, 2010
As we reported in our April 19 post, the SEC has proposed new rules that would create a system tracking large traders, and potentially enhance the agency's "ability to identify large market participants, collect information on their trades, and analyze their trading activities." The… read more
SEC Proposes Stock-by-Stock Circuit Breaker Rules
May 21, 2010
Responding to the May 6 "Flash Crash," the SEC has announced that the national exchanges and FINRA are filing proposed rules under which trading could be paused for individual stocks if the price moves 10 percent or more in a five minute period. According to… read more
SEC Proposes Consolidated Audit Trail to Track Suspicious Activity
May 27, 2010
At yesterday's open meeting, the Securities and Exchange Commission approved the issuance of rule proposals that would allow the SEC and self regulatory organizations to track trade data across multiple markets, products and participants simultaneously, in real time. This "consolidated audit trail," if adopted, would… read more
SEC Proposes Rules to Improve Municipal Securities Disclosures
May 28, 2010
At Wednesday's open meeting, the SEC approved rule proposals intended to improve the timeliness and quality of municipal securities disclosures. Though the Commission does not have statutory authority over municipal securities, the rule proposals seek to provide enhanced information to municipal securities investors by further… read more
SEC Publishes Consolidated Audit Trail Rule Proposal
June 03, 2010
The SEC has published the text of the consolidated audit trail rule release proposed at their May 26 open meeting. The purpose of the proposed rule is to allow the SEC and self regulatory organizations to track trade data across multiple markets, products and participants… read more
SEC Expected to Publish Stock-by-Stock Rule Proposals this Week
June 07, 2010
In a June 4 statement by SEC spokesman, John Nestor, the Commission staff announced that it expects to present its stock-by-stock circuit breaker rule proposing release to the Commission sometime this week. The SEC announced on May 18, following the May 6 "Flash… read more
SEC Publishes Target Date Fund Rule Proposals
June 22, 2010
On June 16, the SEC approved the proposal of amendments to its mutual fund advertising rules, Securities Act rules 156 and 482 and Investment Company Act rule 34b-1. The rules are intended to address the concerns about investor misunderstanding arising from target date fund names… read more
SEC to Propose 12b-1 Reforms July 21
July 19, 2010
The SEC has announced that at an open meeting on July 21 it will consider proposing amendments to reform rules governing distribution fees paid by mutual funds. In particular, the Commission will consider: . . . a recommendation to propose for public comment a new… read more
CFTC Proposes Commodities Rules that May Affect Mutual Funds
January 31, 2011
At an open meeting on January 26, 2011, the CFTC approved rule proposals that, if adopted, could affect certain mutual funds whose portfolios may buy and sell commodities. Under current CFTC rules, registered investment companies are generally excluded from the definition of "commodity pool operator." The… read more
CFTC Publishes Commodities Rules that May Affect Mutual Funds
February 24, 2011
As we reported in our January 31, 2011 post, the CFTC recently approved rule proposals that, if adopted, could affect certain mutual funds whose portfolios may buy and sell commodities. Under current CFTC rules, registered investment companies are generally excluded from the definition of… read more
SEC’s Rule Proposal re Money Funds and Credit Rating Agencies
March 14, 2011
As we first reported on March 4, a recent Securities and Exchange Commission proposal would remove the use of credit ratings from the rules governing money market funds. The SEC took this action in response to Section 939A of the Dodd-Frank Act, which requires… read more
SEC Proposes New Rules Governing Credit Rating Agencies
May 26, 2011
At its open meeting last week, the SEC proposed new rules implementing certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act and intended to enhance the SEC's existing rules governing credit ratings and Nationally Recognized Statistical Rating Organizations (NRSROs). Under the… read more