With the SEC dismissing a plan to reform the money fund industry, Morningstar's Eric Jacobson examines potential risks as well as focus points for investors going forward.
Morningstar's Christine Benz and Miriam Sjoblom debrief investors on the floating NAV, capital buffer, and redemption restriction proposals for money market funds.
Morningstar's Ryan Leggio reports on the Supreme Court justices' questions during oral arguments in the Jones v Harris case and how they may be leaning.
The legal standards required of brokers may not match investors' expectations of a fiduciary relationship, says Harold Evensky of Evensky & Katz Wealth Management.
The SEC announced Tuesday that it has named Carl W. Hoecker as its Inspector General. Hoecker currently serves as inspector general for the U.S. Capitol Police and will replace David Kotz, who left the SEC last year.
The SEC announced Thursday that George Canellos has been named acting director, and that David Bergers, director of the SEC’s Boston Regional Office, has been named acting deputy director.
A Securities and Exchange Commission member said Wednesday that many improvements to the municipal securities market can be made by the SEC without seeking regulatory authority over municipal issuers from Congress.
The Securities and Exchange Commission promoted George Canellos, currently Deputy Director of the Division of Enforcement, as Acting Director. The appointment is effective February 8.