Judge vacates bankruptcy court’s decision
Withdrawing Rule 12b-1 would harm investors and competition in the marketplace, assocation says
July 9 marked the start of full industry compliance with new U.S. trading rules
U.S. Treasury Secretary, Henry Paulson Jr., announced the next steps of his capital markets competitiveness action plan today.The plan follows Treasury’s first set of capital markets initiatives announced in May to strengthen financial reporting and seek a more sustainable and transparent auditing profession. “To maintain our capital markets’ leadership, we need a modern regulatory structure […]
The Securities Industry and Financial Markets Association’s Economic Advisory Roundtable predicts that the pace of U.S. economic growth will accelerate through the balance of this year and into 2008.The median forecast anticipates below-trend GDP growth of 2.2% in 2007, increasing to 2.8% in 2008 as the economy works through the housing sector correction. Additionally, the […]
The Securities Industry and Financial Markets Association applauded a U.S. Supreme Court decision today, which endorsed a high pleading standard for class-action securities lawsuits. SIFMA said that the case is the second victory in two weeks for investors and the industry, following an earlier decision, which immunized securities underwriting practices from civil antitrust liability.“Twice in […]
SIFMA issues white paper for SEC Roundtable on Rule 12B-1
SIFMA urges retirement savings, investing and planning for retirement preparedness
IPO pricing antitrust lawsuit can not proceed
Emphasizes need for meaningful disclosure to borrowers of lending terms