• SEC Issues

    Here are issues FSI has recently been involved in at the U.S. Securities & Exchange Commission:

  • FSI Takes the Pulse of the SEC
    July 20, 2011

    On July 6, Dale Brown, President & CEO of FSI, David Bellaire, General Counsel and Director of Government Affairs for FSI, and Neal Sullivan, Outside Policy Council to FSI, met with Eileen Rominger, Director of the SEC’s Division of Investment Management, and Bob Plaze, Deputy Director of the SEC’s Division of Investment Management.

    FSI Comments on the SEC's Muni Adviser Registration Proposal
    May 5, 2011

    On April 29, FSI submitted a comment letter to the SEC on its proposed rule that would establish a permanent registration regime for municipal advisers pursuant to Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

    FSI Cites FINRA as SRO as Way to Alleviate SEC’s Resource Shortfalls

    FSI Cites FINRA as SRO as Way to Alleviate SEC’s Resource Shortfalls SEC Chairman Mary Schapiro Believes Additional Resources Needed to Implement Dodd Frank In testimony delivered February 17,2011, before the United States Senate Committee on Banking, Housing, and Urban

    SEC Standard of Care Study Recognizes Strengths of Broker-Dealer Regulatory System
    January 24, 2011

    The Financial Services Institute (FSI) acknowledges the hard work of the Securities and Exchange Commission (SEC) staff given their time and resource constraints to complete the study on standard of care mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

    FSI Submits Comment Letter to SEC on Proposed Amendments to the Investment Advisers Act of 1940
    January 24, 2011

    Today, the Financial Services Institute (FSI) commented on the SEC’s Proposed Amendments to the Investment Advisers Act of 1940.

    FSI Believes Only One Reasonable Option Cited in SEC Study on Enhancing Investment Adviser Examinations
    January 20, 2011

    The Financial Services Institute (FSI) applauds the hard work of the Securities and Exchange Commission (SEC) staff given their time and resource constraints to complete the study on enhancing investment adviser examinations mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

    FSI Submits Comment Letter to SEC on the President’s Working Group Report on Money Market Fund Reform
    January 12, 2011

    On January 11, FSI submitted a comment letter to the SEC on the President’s Working Group Report on Money Market Fund Reform.

    FSI Endorses FINRA as SRO for Investment Advisers
    December 20, 2010

    In an effort to enhance investor protection and improve transparency to investors, the Financial Services Institute (FSI) today endorsed FINRA as the self-regulatory organization (SRO) for investment advisers in a letter to the Securities and Exchange Commission (SEC) sent December 20, 2010.

    FSI Submits Comment Letter to SEC Regarding Whistleblower Program
    December 8, 2010

    The Financial Services Institute (FSI), along with a number of other trade associations and companies representing various sectors of the economy, including the U.S. Chamber of Commerce, submitted a comment letter December 8, 2010, to the SEC in response to its new Whistleblower Program.

    FSI Submits Comment Letter Regarding Rule 12b-1
    November 5, 2010

    On November 5, 2010, FSI submitted a comment letter to the SEC regarding its proposed amendments to Rule 12b-1.

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    Who to Contact 

    David Bellaire, Esq.
    General Counsel & Director of Government Affairs
    770 980-8488
    e-mail David


    Matthew Schwartz, Esq.
    Government Affairs Counsel
    770 980-8493
    e-mail Matthew