Congressional Activity

A major stumbling block preventing serious consideration of a user fee bill to pay for more SEC exams of advisers has been the lack of ...

Chair Massad recaps what the Commission has accomplished or seeks to accomplish. "The first is that we must never forget the cost to American families ...

The SEC’s first Investor Advocate Rick Fleming urged Congress to pass legislation allowing the agency to charge investment adviser user fees to pay for more ...

While most investment advisers are trustworthy and honest, I have personally prosecuted one who stole more than $7 million from his clients.[6] In the ...

Just as it seemed Rep. Maxine Waters' (D-Calif.) bill authorizing the SEC to charge user fees to pay for IA exams appeared dead (IA Watch, ...

Acting Chair Wetjen asks Congress for more money to help carry out the CFTC's increasing duties.

Director McGonagle tells Congress about his division's oversight of the market, including "enforcement reviews of DCMs’ self-regulatory programs" and its evaluation of "their compliance with ...

Lawmakers last week peppered SEC Chair Mary Jo White on a range of issues, from FSOC leaning toward declaring large advisers as posing potential systemic ...

Acting Chair Wetjen talks the Volcker rule and Dodd-Frank before the Senate committee.

Most SEC enforcement actions occur outside a courtroom and result in settlements with the agency. Some are kept confidential. To combat that reality, two senators ...