SEC - Securities and Exchange Commission - Documents

1970s

  • 1973 - SEC - Variable Life Insurance and the Petition for the Issuance and Amendment of Exemptive Rules, Securities and Exchange Commission  ---  [BonkNote]
  • 1973 0213 - SEC Docket - Volume 1, Number 1 - [PDF-633p-GooglePlay]
  • 1973 - GOV - Securities Exchange Act Amendments of 1973 - 475p
    • 638 - Mr. Young. You state that you have tried to attract new capital and that it has been one of your policies whereby "an institutional member which is associated with a major life insurance company has committed a substantial amount of capital as a backup specialist on our floor." First I would like to know how does this life insurance company commit its capital? Is that under agreement?
    • Mr. WETHERILL. Mr. Hender will answer.
    • Mr. HIENDER. The insurance company has designated a certain sum of money which is then placed in a joint account with one of the specialists on our floor. With my example that I gave before of the 1,000 share order coming into the floor, if the specialist can only make a market of 500 shares, he has additional capital at his disposal so that he can then take the full 1,000-share order and have the whole order executed in Philadelphia .
    • Mr. Yotxo. Now, how long are those funds committed for? Is it under a term agreement? 
    • Mr. YOUNG . Do the life insurance companies have an association similar to yours?
    • Mr. Jones. Yes, sir  The American Life Insurance Association

1980s

  • 1983 - SEC - An Overview of the Integration of Securities and Banking Activities in the United States, Securities and Exchange Commission - 57p
  • 1987 0828 - SEC - Report by the United States Securities and Exchange Commission on the Financial Guarantee Market : The Use of the Exemption in Section 3 (a) (2) of the Securities Act of 1933 for Securities Guaranteed by Banks and the Use of Insurance Policies to Guarantee Debt Securities, Securities and Exchange Commission - 131p
    • Financial Guaranty Inurance, GICs, NAIC, Model Financial Guarantee Insurance Act, State Guaranty Funds, Credit Rating Agencies
  • 1988 0212 - SEC - Financial Planners: Report of the Staff of the United States Securities and Exchange Commission to the House Committee on Energy and Commerce's Subcommittee on Telecommunications and Finance - 214p
    • 1988 - SEC - SEC Annual Report
      • (p4-5) - During the year, the Division published a report on financial planners. The report, prepared at the request of the Subcommittee on Telecommunications and Finance of the Energy and Commerce Committee of the House of Representatives, explored the status of the financial planners/investment advisers, and issues of abuse, and included demographic data and a report on a pilot project of inspections of investment advisers registered as broker-dealers with the National Association of Securities Dealers (NASD). Based on the data gathered for the study, the staff report concluded that violations by planners were not materially different from those by advisers (although they were more frequent), that potential for self. interested behavior exists when planners provide advice and sell products, and that demonstrated abuses by both planners and advisers involve only a very small portion of the industry. The study also said that the NASD's pilot project demonstrated the feasibility of having NASD inspectors conduct examinations of financial planners.
    • 1988-2, NAIC Proceedings
      • Jack Blaine (American Council of Life Insurance) commented that the ACLI received a letter from Congressman Edward J. Markey solicitating comments on the Securities and Exchange Commission (SEC) recent report on financial planners.

2000s

  • 2007 03 - SEC - Report on Refunds, Sales Practices, and Revenues from Periodic Payment Plans - As Required by Section 4(c) of the Military Personnel Financial Services Protection Act, Securities and Exchange Commissioner - 48p
  • 2007 0726 - SEC / COX - Disclosure and Accounting Practices in the Municipal Securities Market, Securities and Exchange Commission - 12p
  • 2009 0831 - SEC - SEC Inspector General Report (David Kotz) - Investigation of Failure of the SEC to Uncover Bernard Madoff’s Ponzi Scheme - Public Version - Report No. OIG-509, Securities and Exchange Commission - 477p
  • SEC - Annual Reports
    • 1946 - sec.gov/about/annual_report/1946.pdf
      • Adoption of Rule N-28B-l: On June 7, 1946, the Commission adopted an additional rule under the Investment Company Act of 1940 which authorizes real estate loans partially or wholly guaranteed under the Servicemen's Readjustment Act (the so-called GI bill) as qualified investments for face-amount certificate companies.
      • Such companies are authorized to invest only in investments of a kind which life insurance companies are permitted to invest in under the provisions of the Code of the District of Columbia, and such other investments as the Commission may authorize as qualified investments.
      • Insurance companies are not authorized by the Code of the District of Columbia to invest in Ioans guaranteed under the GI bill but are so authorized by the GI bill itself.
      • The effect of the new rule is to extend a similar authorization to face-amount certificate companies.