SEC Doing Pay-to-Play Examinations

Hume, Lynn
July 2004
Bond Buyer;7/2/2004, Vol. 349 Issue 31918, p1
Trade Publication
Reports on efforts of the U.S. Securities and Exchange Commission to determine whether financial advisory firms engaged in pay-to-play practices in the municipal securities market. Number of financial advisers and broker-dealer firms; Correlation of the effort with the current corruption and pay-to-play scandal in Philadelphia; Violations possibly committed by firms in the municipal securities rules.


Related Articles

  • Thinking Twice About Late Trading Proposal.  // Traders Magazine;Mar2004, Vol. 17 Issue 222, p10 

    Reports on a letter from securities industry trade groups regarding the market structure reform proposal of the U.S. Securities and Exchange Commission (SEC). Possibility that the reform proposal may disadvantage mutual fund shareholders; Late trading plan's call for a mutual fund order to...

  • Reg NMS Moving Floors.  // Traders Magazine;Jul2004, Vol. 17 Issue 228, p12 

    Reports on the impact that the proposed Reg NMS, a set of U.S. Securities and Exchange Commission recommendations that started a public debate over fast versus slow markets, is having on traditional markets in the United States. Aim of the Reg NMS to ensure that investors obtain the best price;...

  • SEC Is Divided On Reg NMS. Bresiger, Gregory // Traders Magazine;Dec2004, Vol. 17 Issue 233, p12 

    Reports that the U.S. Securities and Exchange Commission (SEC) is still divided on the Reg NMS package of market structure reforms in securities trading. Comment of a lobbyist not to expect significant movement from SEC; Opinion of federal lawyers that SEC commissioners do not need the market...

  • A Premium on STP, Pressure on Vendors. Kite, Shane // Securities Industry News;12/8/2003, Vol. 15 Issue 47, p1 

    Focuses on the deadline for receipt of mutual fund orders proposed by the U.S. Securities and Exchange Commission in 2003 to thwart late trading. Implication of the proposal for the adoption of an automated and straight-through-processing environment; Impact of the proposal on brokers and...

  • SEC Set to Tackle Long-Overdue Filings. Clary, Isabelle // Securities Industry News;12/8/2003, Vol. 15 Issue 47, p4 

    Reports on the plan of the U.S. Securities and Exchange Commission to tackle Nasdaq's exchange application and the voluntary book proposal from Cincinnati Stock Exchange as of December 2003. Purpose of the voluntary book proposal from the Cincinnati Stock Exchange; Cause of the delay in the...

  • Soft Touch or Hard Line. Kentouris, Chris // Securities Industry News;6/27/2005, Vol. 17 Issue 25, p1 

    Reports that the U.S. Securities & Exchange Commission has delayed its decision on new rules for the use of soft-dollar commissions. Terms under the Section 28(e) of the Securities and Exchange Act of 1934; View of Allan Rosenstein, a partner with the Capco consultancy in New York, on research...

  • Long-Term Impact of Reg NMS on NYSE Unclear: Aite Group. Jaworski, Alexa // Securities Industry News;4/18/2005, Vol. 17 Issue 15, p10 

    Reports on the impact of the Regulation NMS approved by the U.S. Securities and Exchange Commission on the New York Stock Exchange as of April 2005. Reaction of the exchange to the appearance of the Regulation NMS; Implication of operating a hybrid trading model; Forecast on information...

  • SEC Targets SROs For New Reforms.  // Traders Magazine;Jan2005, Vol. 18 Issue 234, p10 

    The article reports that under proposed rules published by the U.S. Securities and Exchange Commission, exchanges would have to maintain a separation between regulatory and market functions. Under the proposal, stock exchanges would be required to post more information about their operations.

  • Trade-Through Not Through. Clary, Isabelle // Securities Industry News;2/9/2004, Vol. 16 Issue 5, p1 

    Reports on the decision of the U.S. Securities and Exchange Commission to apply a revamped trade-through rule to the Nasdaq marketplace. Consideration to include stocks and platforms in the trade-through proposal; Effectivity of the rule through the Intermarket Trading System.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics