What Investment Advisers Need to Know About the SEC
The SEC recently announced that its top priority is to increase the number of investment adviser examinations it conducts on an annual basis. Full Story
Financial
Conflict Minerals Rule Weekly Recap #26 – May 10, 2013
Those familiar with the conflict minerals rule know that if a reporting company manufactures or contracts to manufacture a product that contains necessary conflict minerals, the reporting company must file a report with the SEC and publish the report on its website. Full Story
The Importance of Clear Communications
A funny thing happened the other day while having a snack in a Paris bakery. I am here for a few days, tagging along with my husband who is teaching for a month. Shortly after we sat down, a Japanese family arrived, went to the counter and asked in English for a sandwich to be heated before serving. Full Story
IRS Form 990: The Investigator’s Friend
If we had five dollars for every time someone asked us to get hold of someone’s bank accounts (pretty much always against the law and therefore off-limits), we would have enough money to buy a lovely lunch for two. Full Story
Man’s Commodity Trading Robot Wasn’t Real
The operators of an unregistered commodity pool have been ordered to cough up millions in penalties for running what regulators say was a $28.4 million Ponzi scheme that swindled 2,000 victims. Full Story
On Self-Funding and the SEC
This has been the week of scandals. With political forces, lobbyist and lots of deep pockets, our government is a breeding ground for scandals. The SEC has certainly not been immune. Full Story
Federal Reserve Requires 18 Largest US Bank Holding Companies to Submit Stress Test Results
On May 13, the Board of Governors (Board) of the Federal Reserve System announced that stress test results from the largest 18 US bank holding companies must be submitted to the Federal Reserve no later than July 5. Full Story
OCC Issues Clarification of the Treatment of Certain Sovereign and Securitization Positions
On May 10, the Office of the Comptroller of the Currency (OCC) issued Bulletin OCC 2013-13, which is intended to clarify the treatment of sovereign and securitization provisions under the Market Risk Capital Rule. Full Story
Conflict Minerals Rule Weekly Recap #25 – May 3, 2013
Gentex Corporation is a global, high technology electronics company that delivers products to the automotive, aerospace and fire protection industries. Full Story
CFPB Employees Unionize
According to a report from Politico, CFPB employees voted last week to join the National Treasury Employees Union, a federal union that also represents employees at other financial regulators, including the FDIC, OCC and SEC. Full Story
