SEC and NYU to Host Jan. 19 Forum on Relationship Between Companies and Shareholders

The U.S. Securities and Exchange Commission’s Division of Economic and Risk Analysis is partnering with New York University’s Salomon Center for the Study of Financial Institutions to bring together regulators, practitioners, and academics for a half-d…

SEC Names Richard Best As Regional Director of Atlanta Office

The Securities and Exchange Commission today named Richard R. Best as Regional Director of its Atlanta office.

Mr. Best will succeed Walter Jospin, who is leaving the agency at the end of this month. 

For the past two-and-a-half years, Mr. Best has s…

SEC Issues Agenda for Inaugural Meeting of the Fixed Income Market Structure Advisory Committee

The Securities and Exchange Commission today released the agenda for the inaugural meeting of the Fixed Income Market Structure Advisory Committee, which will be held on January 11, 2018 beginning at 9:30 a.m. ET.  The Commission established the adviso…

Annual Staff Reports on Credit Rating Agencies Show Improvements

Credit rating agencies under Securities and Exchange Commission oversight show improved compliance, increased information technology resources, and continued competition, according to two SEC staff reports released today on nationally recognized statis…

Commission Staff Provides Regulatory Guidance for Accounting Impacts of the Tax Cuts and Jobs Act

The Securities and Exchange Commission today announced publication of staff guidance for publicly traded companies, auditors, and others to help ensure timely public disclosures of the accounting impacts of the Tax Cuts and Jobs Act (the Act).  Specifi…

Commission Staff Provides Regulatory Guidance for Accounting Impacts of the Tax Cuts and Jobs Act

The Securities and Exchange Commission today announced publication of staff guidance for publicly traded companies, auditors, and others to help ensure timely public disclosures of the accounting impacts of the Tax Cuts and Jobs Act (the Act).  Specifi…

Gerald Hodgkins, Associate Director of the SEC’s Enforcement Division, to Leave the Agency After 20 Years of Service

The Securities and Exchange Commission today announced that Gerald W. Hodgkins, an Associate Director of the Division of Enforcement, will leave the agency at the end of this year for private practice.

During his tenure of two decades at the SEC, Mr. …

SEC Charges Operators of $1.2 Billion Ponzi Scheme Targeting Main Street Investors

The Securities and Exchange Commission today announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors, many of them seniors, in a $1.2 billion Ponzi scheme.

SEC inve…

Broker Charged With Giving Special Access to IPOs for Cash Kickbacks

The Securities and Exchange Commission today charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers preferential access to lucrative IPOs, enabling them to reap major tradin…

Marc P. Berger Named Director of New York Regional Office

The Securities and Exchange Commission today announced that Marc P. Berger has been named Director of the New York Regional Office.  He will join the agency in January 2018.

Mr. Berger is presently global co-head of Ropes & Gray LLP’s Securities and F…

SEC Names Kenneth A. Johnson as Chief Operating Officer

The Securities and Exchange Commission today announced that Kenneth A. Johnson has been named the agency’s Chief Operating Officer (COO). Mr. Johnson has served as Acting COO since February 2017.

In his role as COO, Mr. Johnson oversees the SEC’s oper…

Division of Trading and Markets Deputy Director Gary Barnett to Retire

The Securities and Exchange Commission today announced that Gary Barnett, Deputy Director in the Division of Trading and Markets, will retire from the agency at the end of the year.

Since January 2015, Mr. Barnett has overseen the division’s Office of…