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Statement At Open Meeting - Adoption Of Rules Regarding Municipal Advisor Registration By SEC Commissioner Kara M. Stein, SEC Open Meeting, Washington, D.C.
Date 19/09/2013
Thank you, Chair White. I would also like to express my sadness concerning what happened at the Navy Yard this week. My thoughts and prayers are with the victims, their families, and everyone who has been touched by this tragedy. I too would like to thank the staff, who have worked tirelessly on this release. Thanks especially to staff in the Office of Municipal Securities and Office of Market Supervision for your thoughtful consideration of the more than 1,000 comment letters received on the interim final temporary rule and of my office’s comments and questions, as well. I also want to acknowledge former Commissioner Elisse Walter and all her hard work on this rule. It is this perseverance and hard work that has led to the final rule that is being considered today.
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ISDA Credit Derivatives Determinations Committee: Codere Finance (Luxembourg) S.A. Failure To Pay Credit Event
Date 19/09/2013
The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its EMEA Credit Derivatives Determinations Committee resolved that a Failure to Pay Credit Event occurred in respect of Codere Finance (Luxembourg) S.A.
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SIFMA Comments On SEC Municipal Advisor Rules
Date 19/09/2013
SIFMA today released the following statement from Randy Snook, executive vice president, business policies and practices, after the Securities and Exchange Commission (SEC) voted on final rules governing municipal advisor registration:
“SIFMA supports the goals of the Dodd Frank municipal advisor legislation to bring previously unregulated municipal advisors under supervision and further protect municipalities. The SEC’s municipal advisor definition is a vital component of this reform and will enable the MSRB to move forward with rules on several important issues, such as conflicts of interest, political contributions and professional qualifications.
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CalPERS Welcomes SEC Rule-Making For The Disclosure Of CEO Pay Ratios
Date 19/09/2013
The California Public Employees’ Retirement System (CalPERS) today issued the following statement on the SEC’s announcement that it will begin rule-making for the disclosure of CEO pay ratios, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
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SIFMA Comments On SEC's Money Market Fund Proposal
Date 19/09/2013
SIFMA today announced it has submitted comments to the Securities and Exchange Commission (SEC) regarding proposed changes for money market funds (MMFs). The comment letter was submitted jointly by SIFMA’s Asset Management Group and Private Client Group.
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SEC Approves Registration Rules For Municipal Advisors
Date 18/09/2013
The Securities and Exchange Commission today voted unanimously to adopt rules establishing a permanent registration regime for municipal advisors as required by the Dodd-Frank Act.
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Statement Of SEC Commissioner Kara M. Stein At SEC Open Meeting Regarding The Proposing Release On Pay Ratio Disclosure
Date 18/09/2013
I want to reiterate the thanks to staff in the Division of Corporation Finance, the Division of Economic and Risk Analysis, and General Counsel for their hard work on this proposal.
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SEC Proposes Rules For Pay Ratio Disclosure
Date 18/09/2013
The Securities and Exchange Commission today voted 3-2 to propose a new rule that would require public companies to disclose the ratio of the compensation of its chief executive officer (CEO) to the median compensation of its employees.
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TMX: Top 20 Largest Consolidated Short Position Report - September 15, 2013
Date 18/09/2013
Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending September 15th, 2013.
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Dissenting Statement Of SEC Commissioner Daniel M. Gallagher Concerning The Proposal Of Rules To Implement The Section 953(B) Pay Ratio Disclosure Provision Of The Dodd-Frank Act
Date 18/09/2013
Today, the Commission will vote on proposed rules to implement yet another Dodd-Frank mandate having nothing to do with the SEC’s mission and everything to do with the politics of not letting a serious crisis go to waste.
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