The SEC voted unanimously in favor of putting out a rule that would require all public companies to disclose more about executive compensation and corporate governance that might affect their risk management.
SEC chairman Mary Schapiro and the newly confirmed chairman of the Commodity Futures Trading Commission made a case to lawmakers for more funds to beef up enforcement and technology.
The database that lets investors check up on previous infractions by their broker-dealer will now be expanded to keep these records on file even after the individual has left the securities industry, the Financial Industry Regulatory Authority (FINRA) announced.
