{"id":37141,"date":"2013-08-02T08:09:17","date_gmt":"2013-08-02T12:09:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=37141"},"modified":"2013-08-02T08:13:10","modified_gmt":"2013-08-02T12:13:10","slug":"sec-adopts-rules-to-increase-protections-for-investors-with-assets-being-held-by-broker-dealers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2013\/sec-adopts-rules-to-increase-protections-for-investors-with-assets-being-held-by-broker-dealers.html","title":{"rendered":"SEC Adopts Rules to Increase Protections for Investors With Assets Being Held By Broker-Dealers"},"content":{"rendered":"<p>The Securities and Exchange Commission today announced the adoption of rules designed to substantially increase protections for investors who turn their money and securities over to broker-dealers registered with the SEC.<\/p>\n<p>The new rules, approved by a 3-2 Commission vote, require broker-dealers to file new reports with the Commission that should result in higher levels of compliance with the SEC\u2019s financial responsibility rules.<\/p>\n<p>\u201cThese rules will provide important additional safeguards for customer assets held by broker-dealers,\u201d said Mary Jo White, Chair of the SEC. \u201cThese rules will strengthen the audit requirements for broker-dealers and enhance our oversight of the way they maintain custody of their customers\u2019 assets.\u201d<\/p>\n<p>Broker-dealers are required to begin filing new quarterly reports with the SEC and annual reports with SIPC by the end of 2013. The requirement for broker-dealers to file annual reports with the SEC is effective June 1, 2014.<\/p>\n<p><a href=\"http:\/\/www.sec.gov\/News\/PressRelease\/Detail\/PressRelease\/1370539740621#.UfuhUo3VASg\" target=\"_blank\"><strong>Fact Sheet<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission today announced the adoption of rules designed to substantially increase protections for investors who turn their money and securities over to broker-dealers registered with the SEC. The new rules, approved by a 3-2 Commission vote, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,4],"tags":[],"class_list":["post-37141","post","type-post","status-publish","format-standard","hentry","category-press-releases","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=37141"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37141\/revisions"}],"predecessor-version":[{"id":37143,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37141\/revisions\/37143"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}