The markets roiled several times last year, scaring investors to pull out and wait on the sidelines.
The full effect of the Dodd–Frank Wall Street Reform and Consumer Protection Act is still to be felt in the financial sector. Dodd-Frank creates an environment of increased scrutiny and heightened sensitivity by regulators and consumers.
Study shows 77% of senior financial services managers would consider ending relationships because of compliance concerns.
Credit unions pose diverse regulatory challenge, but some things apply to all sizes.
Market uncertainty, lack of member awareness cited as challenges in growing credit union retail investment programs.
On the heels of the announcement that SEC Chairman Mary Schapiro would be leaving the agency on Dec. 14, other officials followed suit.
A current SEC commissioner who has worked at the agency in several capacities, Elisse Walter has been tapped to become the new SEC chairman.
Schapiro among longest-serving agency chairmen; SEC touts accomplishments of her tenure.
In just its first year, the SEC said its whistleblower program brought in more than 3,000 tips from all 50 states and 49 other countries.
A company offering allegedly fraudulent and unregistered certificates of deposits under the name Her Majesty’s Credit Union has been targeted by the SEC.