capital markets authority

• Taking Responsibility-Securities Regulation Reform and the Global Financial Crisis: The United States, United Kingdom, and East Africa

Introduction - II. Effect of the crisis on africa - III. Anglo-american regulation - A. The United Kingdom - 1. Statutory Objectives - 2. Principles-Based Regulation - a) Financial Capability - b) FSA Study of Financial Capability - B. The United States - 1. Self-Regulation in the United States Securities System - 2. Financial Industry Regulatory Authority - C. Comparison of the Two Systems - IV. East african capital markets - A. African Regulation Under a U.S. Model - 1. IOSCO - 2. Capital Markets Regulation - V. Responsibility for regulation - A. Regulatory Response to the GFC - 1. Fiduciary Duty - 2. Education as Reform - 3. Responsible Regulatory Reform - 4. Responsibility of Care - VI. Conclusion

• Transnational Law & Contemporary Problems
• Nbr. 19-3, January 2011

• Evaluating the Mission: A Critical Review of the History and Evolution of the Sec Enforcement Program

The US Securities and Exchange Commission (the "SEC" or "Commission") is nearing its seventy-fifth anniversary, a milestone that will be marked by reflection on the past and contemplation of the future. During this time of introspection, the Commission should take the opportunity to examine the manner in which it has reacted to the growth and changes in its regulatory authority and in the capital markets. Today, that mission is composed of three objectives: "to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. In order to assess the SEC's application of these principles to its enforcement decisions, this article investigates the shifting focus of the SEC's enforcement program from its inception to the present day. Finally, the article ca...

• Fordham Journal of Corporate & Financial Law
• Vol. 13 Nbr. 3, May 2008

• Sii Offers New Qualifications for Egypt, Lebanon

LONDON (HedgeWorld.com) - The Securities and Investment Institute and the Egyptian Capital Markets Authority, Egypt's financial markets regulator, have developed a new licensing and qualifications regime for certain financial professionals working in Egypt. The SII, a U.K.-based organization for financial professionals, is also helping the ECMA to establish an Egyptian Securities and Investment Institute, whose members will be required to obtain a license from the ECMA. Under the new regime, certain financial professionals and in particular those working in the capital markets will need a license from the ESII in order to operate. To obtain the license, which will need to be renewed annually, individuals will be required to confirm that they comply with the ESII code of ethics and with ...

• Daily News; White Plains
• April 22, 2006

• Pittsburgh Water and Sewer Authority Tries to Reverse Jump in Bond Payments

Pittsburgh Water and Sewer Authority officials are scrambling to reverse a $230,000 increase in weekly interest payments on a complicated bond deal that was battered by the economic downturn. The authority and its financial adviser, PNC Capital Markets LLC, missed Thursday's deadline to secure a letter of credit to stop the interest rate the authority is paying on its largest bond series from increasing to 7 percent from 4 percent, said Michael Kenney, executive director.

• Tribune - Review / Pittsburgh Tribune - Review
• October 22, 2009

• Credit Suisse Securities (USA) LLC v. Billing, 551 U.S. (2007)

...: (1) the existence of regulatory authority under the securities law to supervise the activiti... the proper functioning of well-regulated capital markets; the law grants the SEC authority to super...

• U.S. Supreme Court

• Securities and Exchange Commission enforcement actions in the municipal securities markets.

The Securities and Exchange Commission (SEC) is the regulatory agency responsible for enforcing federal securities laws and supervising the country's capital markets. It also has oversight authority over municipal securities. Municipal securities markets are important sources of financing of local and state governments for building facilities or for financing operations. The SEC's enforcement program protects investors and is designed to build confidence in the capital market by preserving the integrity of the securities markets.

• Government Finance Review
• Vol. 12 Nbr. 4, August 1996

• Small Business Jobs Act:

... consistent with the related statutory authority in the Small Business Act. DATES: This rule is eff...(b)(2). Section 1115. New Markets Venture Capital Company Investment. Limitations. S...

• FR, October 13, 2011
• Rules
• Small Business Administration

• The Gathering Storm of Director Liability

SEC Commissioner Luis Aguilar, in a speech at the 2009 Independent Director Conference, said, "I've been very vocal about a number of changes the SEC should make and about the Congressional action needed to address gaps in the SEC authority, and the actions needed to provide the SEC with the teeth and resources it needs to aggressively fulfill its mission to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation." The legal landscape for directors is concerning on multiple levels as they face higher levels of liability resulting from the global financial crisis, increased stock-market volatility, activist shareholders, an emboldened plaintiffs' bar, active regulatory oversight and strict securities laws enforcement.

• Directorship
• Vol. 35 Nbr. 3, June 2009

• New Orleans Redevelopment Authority Names Interim Director

The New Orleans Redevelopment Authority has chosen its director of development and capital markets for the role of interim executive director. Monteilh fills the seat left vacant after Joe Williams resigned earlier this month.

• New Orleans City Business
• December 18, 2008

• County Opts Against Bids for Golf Course Bonds

PATERSON The Passaic County Improvement Authority picked two firms Wednesday to handle $22 million worth of bonds so that the authority can buy the county golf course. The authority could have awarded the contract through a competitive sale, by asking investment banks and financial services firms to make their best offers in sealed bids. Instead, the authority handpicked Janney Montgomery Scott LLC and Powell Capital Markets by a unanimous vote of 4-0 and will negotiate the interest rates and fees for the bond deal with the companies.

• The Record, Bergen County, NJ
• September 27, 2007