SEC News

Dr. Timothy Timura Named Deputy Chief Economist

Washington D.C., Jan. 11, 2018 — The Securities and Exchange Commission has named Dr. Timothy Timura, CFA, as Deputy Director and Deputy Chief Economist in the agency’s Division of Economic and Risk Analysis (DERA). Dr. Timura joins DERA from the faculty of the Kogod School of Business at American University, where he has been an […]

SEC News

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

Washington D.C., Jan. 11, 2018 — 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-day symposium January 19 at NYU. Panelists will discuss the evolution of shareholder engagement […]

SEC News

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

Washington D.C., Jan. 8, 2018 — 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 advisory committee to provide a formal mechanism through which the Commission […]

SEC News

Annual Staff Reports on Credit Rating Agencies Show Improvements

Washington D.C., Dec. 29, 2017 — 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 statistical rating organizations (NRSROs). “NRSROs are continuing to display a greater awareness of their obligations as regulated entities,” said Jessica […]

SEC News

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

Washington D.C., Dec. 21, 2017 — 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. Hodgkins has overseen more than 100 enforcement […]

SEC News

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

Washington D.C., Dec. 21, 2017 — 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 investigators filed this action to prevent further dissipation of investor assets after obtaining court orders in September and November in […]