Regulation
SEC Seeks Institutional Investor Reps for Advisory Committee
The independent committee needs representatives of pensions and mutual funds to bolster investor protection.
Tag: Dodd-Frank
Regulation
SEC Approves Amendments Limiting Use of Credit Ratings
The SEC will no longer consider ratings as part of its definition of ‘investment grade’ under Regulation M.
Regulation
SEC Approves New Rules for Proxy Voting
The new rule requires institutional investment managers to disclose their proxy votes on executive compensation and makes updates to Form NP-X.
Regulation
Erroneous Executive Incentive Pay Must be Recovered, Says SEC
A new finalized rule by the SEC would require securities firms to ‘clawback’ executive incentive pay if it was based on an accounting error.
Market Moves
Banks Still Are Too Weak and Risky, Kashkari Says
Minneapolis Fed head, decrying two bailouts in 12 years, says lenders need more equity capital to buffer against tough times.
Why Lower Interest Rates Aren’t Hurting Bank Stocks
Normally, their profit potential would go straight into the garbage. But not now.