"The Examinations staff found that nearly half of those firms relying on the exemption were ineligible to do so"
"This proposal goes far beyond to encompass nearly everything. In this regard, consider that the proposed rules cover anything that is either analytical, technological, or ...
"I am especially proud of the work done by the Retail Strategy Task Force, which was formed by the SEC’s Division of Enforcement in 2017 ...
"The threshold question is whether our current rules are protective enough of retail investors, in light of technology-driven change in our capital markets. Judging from ...
"For us at the SEC, we have a three-part mission, focused ultimately on making sure that the markets—broker-dealers, the investment advisers, so-called intermediaries in the ...
"Registered investment advisers grew by 20 percent .... the number of private funds advised by registered investment advisers increased by 50 percent to approximately 50,000. ...
"Conflicts may arise to the extent that advisers or brokers are optimizing to place their interests ahead of their investors’ interests. That’s why I’ve asked ...
"Keeping reserve bank accounts up-to-date on a daily basis can provide better customer protection and ameliorate systemic risk"
"Today’s adoption contains the same flaw that tanked the 2014 money market fund rulemaking—an insistence that our own judgment is superior to that of money ...
"The amendments we are proposing today would strengthen the customer protection rule by helping to ensure that broker-dealers maintain sufficient funds to reimburse their customers, ...