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.
The SEC has issued a fraud alert to help protect individuals who may receive lump sum payouts following Hurricane Sandy.
A total of 1,504 advisers to hedge funds and private funds have registered with the SEC since Dodd-Frank mandated such registration.
Since 2011, victims of investment fraud schemes have lost more than $20 billion, according to the FBI.
The Financial Stability Oversight Council has started the clock on a six-month process for designating a non-bank as systemically significant.
Report highlights conflicts of interest scenarios and strengths and weaknesses identified in examinations into how broker-dealers keep material, non-public information from being misused.