CFA Institute Blogs
During a speech at the RCA’s 2013 program on regulation, operations, and compliance, SEC commissioner Luis Aguilar highlighted the importance of compliance practices being developed and maintained in the interest of investors. Read more
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As technology advances, the rules that face the investment industry must advance with it. That means investors not currently using social media will need to get on board, or they could possibly miss out on the latest company disclosures. Read more
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CFA Institute continually promotes strong personal responsibilities; the CFA Institute Integrity List offers 50 ways to restore investor trust and stresses the importance of members placing their clients’ interests before their own. When renowned British economist and chair of the Kay Review of U.K. Equity Markets and Long-Term Decision Making John Kay writes an editorial article on the topic, you know you are in good company. Read more
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Many regulators continue to evaluate and adopt XBRL requirements, while others struggle with the errors included in submissions. Many public companies continue to see XBRL as a cost, while some are recognizing benefits of internalization of tagging. Read more
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A recent publication by Muel Kaptein, partner at KPMG and professor in business ethics at Erasmus University’s Rotterdam School of Management, compiles insights from a wide range of research and experiments to explore why individuals are led astray from their ethical foundations. Read more
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U.S. SEC commissioners’ presentations highlight the extent investors’ trust has declined due to the crises and scandals of the past few years and provide a review of the development and interpretations of the securities laws most directly related to Section 913 of the Dodd-Frank Act. Read more
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Type “insider trading” into your favorite internet search engine and a virtually endless list of articles will appear. Stories cover countries and markets of all sizes. The trading on material nonpublic information is a longer-term phenomenon, to which regulators are steadily increasing their enforcement activities. Read more
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Another week brings an additional story of greed leading to illegal and unethical actions. Nicholas DelBrocco recently was charged with providing bribes to former labor executive Robert Peto in exchange for DelBrocco’s firm receiving “millions of dollars worth of investment funds and consulting business from the regional carpenter’s union Peto once headed.” Just because an action is not prohibited by a law does not mean such actions are ethical. Which raises this question: What can pensions or foundations do to set appropriate ethical expectations for their trustees? Read more
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More than 300 investment performance and measurement professionals gathered in Boston for the 2012 GIPS Standards Annual Conference. Along with addressing the current state of the GIPS standards, the conference included a diverse collection of sessions designed to assist the attendees with both their daily responsibilities and understanding of broader trends and events facing the industry. Read more
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As the SEC works through the rule-making process for the controversial JOBS Act, the potential impact on investor advertising and equity research takes center stage. Read more
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