Finding A Way.

Twitter, the IPO and the JOBS Act

Twitter and its IPO must have been one of the topics most written about last week.  For the uninitiated, Twitter tweeted, of course, last Friday that it...

Broker-Dealers to Face Tougher Custody Rules

The SEC recently adopted significant changes to the broker-dealer reporting rules.  The SEC proposed the changes to Rule 17a-5, Reports to be made by Certain Brokers and...

Proposed Disclosure Rules Will Not Delay Lifting of General Solicitation Ban

SEC Chair Mary Jo White recently confirmed that the SEC will not delay the lifting of the ban on general solicitation over the additional disclosure rules proposed...

Are DOL and SEC Fiduciary Rules Headed for a Collision?

Two federal government agencies are currently working to create new fiduciary rules for the investment industry, a process that several lawmakers fear will result in conflicting regulations....

Climbing

For my birthday every year, I treat myself to learn or see something different.  Sailing (BVI), surfing (Sayulita, Mexico), skiing (Vail), trips to Bhutan and Burma.  Some...

Will We See Crowdfunding Rules This Fall?

Mary Jo White said it.  It’s on C-SPAN. Crowdfunding rules could finally be released this fall.   I don’t really like writing news about no news, but given...

SEC Brings First Action Under Chief Compliance Officer Rule

The SEC recently sanctioned a former portfolio manager  under Rule 38a-1(c) of the Investment Company Act, which prohibits misleading and obstructing a chief compliance officer (CCO).  Carl...

Congress Could Nix Mandatory Arbitration With Investors Choice Act

In light of the absence of SEC action on topic, Rep. Keith Ellison, D-Minn., a member of the House Financial Services Committee, has introduced the Investors Choice...