• Skip to primary navigation
  • Skip to main content
Logo
Open search bar
  • About
    • Todd Cipperman
    • Why Choose Us
  • Services
    • Money Managers
    • Registered Funds
    • Private Equity
    • Broker-Dealers
    • CyberSecure - Funds
  • In The News
  • Outsourced CCO
  • Client Engagement
  • Resources
    • Helpful Information
    • Regulatory Exams
    • Executive Interviews
    • Blog
    • Podcasts & Videos
    • Best Practices
  • Contact Us

Our Take Blog

Home
Our Take Blog
Schapiro Outlines SEC’s Agenda Following Passage of Financial Reform

Schapiro Outlines SEC’s Agenda Following Passage of Financial Reform

SEC Chairman Mary Schapiro recently highlighted upcoming SEC initiatives following expected passage of the Dodd-Frank financial reform bill. She said that the SEC will have authority to adopt a uniform fiduciary standard for investment advisers and broker-dealers who provide personalized investment advice, which she has “long advocated.” She also indicated that the SEC would adopt new recordkeeping and reporting rules for the newly registered hedge fund and private equity fund managers and would implement a “newly-designed examination program.” She also said the SEC would focus on derivatives and the SEC’s expanded enforcement powers. 


OUR TAKE: The Dodd-Frank bill grants the SEC significantly more regulatory jurisdiction and power. The most effected market participants will be retail broker-dealers, hedge and private-equity fund managers, and derivatives traders.

http://www.sec.gov/news/speech/2010/spch070910mls.htm
Back to Top
logo
480 E. Swedesford Road, Suite 220, Wayne, PA 19087
610-687-5320
LinkedIn Twitter
© 2020 Marlivia Properties LLC