The materials in FOIA 2015-0316-F are a selective, not necessarily all inclusive, body of documents responsive to the topic of the FOIA. Researchers should consult the archivist about related materials. FOIA 2015-0316-F contains materials from agencies and individuals related to the Securities and Exchange Commission (SEC) and the Securities Investor Protection Corporation (SIPC). The SEC is an agency of the federal government....Read more
The materials in FOIA 2015-0316-F are a selective, not necessarily all inclusive, body of documents responsive to the topic of the FOIA. Researchers should consult the archivist about related materials. FOIA 2015-0316-F contains materials from agencies and individuals related to the Securities and Exchange Commission (SEC) and the Securities Investor Protection Corporation (SIPC). The SEC is an agency of the federal government. It regulates trading in securities on the national securities exchanges, broker-dealers, and mutual funds. Essentially, it controls the stock market to ensure that the securities market functions in a fair and efficient manner. This regulation provides investors with the confidence that the market functions properly. The Securities Investor Protection Corporation is a nonprofit, membership entity comprised of most US-registered broker-dealers. It is designed to protect the customers of brokers or dealers from loss in case of financial failure of the member. The Bush Presidential White House Office of Records Management (WHORM) Subject File categories and Staff and Office Files contain correspondence tracking coversheets, questionnaires, personal data statements, letters, memoranda, printed materials, news releases, papers, publications, and statements. These documents address SEC membership, proxy rule reform, shareholder rights, proposed legislative actions, SEC requirements and responsibilities, hybrid financial instruments, the National Association of Securities Professionals, bank rules, and executive compensation issues. Other topics include a public utility industry call for comments, proposed shareholder proxy rules changes, temporary risk assessment rules, regulatory reform initiatives, the administration's policy regarding proposed futures trading practices, promotion of small business capital formation, corporate governance, and investment advisor supervision. Publications are "Budget Estimate Fiscal 1991', Senate and House Congressional Records covering discussion of the "Non-Vessel Operating Common Carrier Amendments of 1990", 'Regulatory Reform Initiatives of the Securities and Exchange Commission', Securities Investor Protection Corporation Annual Report 1989, 1990, & 1991', and 'Second Annual International Institute for Securities Market Development.' The Bush Vice Presidential Staff and Office Files contain a correspondence tracking coversheet, regulation review requests, and speaking request letters, a memorandum, printed materials, a news release, papers, publications, a list, and statements. These documents cover VP Bush's acceptance to speak at an SEC Major Issues Conference, commentary on a paper about regulatory burdens, the existing system of Federal regulation of financial institutions and services, the "one-share one-vote" issue, corporate takeover regulations, repeal of the Public Utility Holding Company Act, reporting thresholds for institutional investment managers, a proposal to merge the SEC and the Commodity Futures Trading Commission, and tender offer reform proposals. Also addressed are securities markets, insider trading, banking deregulation, over-the-counter stock market topics, President Reagan's nomination of an SEC member, advance clearance procedures of proxy rules, a private citizen's speech about the Foreign Corrupt Practices Act of 1977, corporate recordkeeping for securities transactions, amendments to the Investment Company Act of 1940, a study of an SEC rule that allows a company to register all securities 2015-0316-F 3 it plans to issue over a two-year period and then sell some or all whenever it chooses, and a significant regulatory relief achievements report. Lastly, there is also information on testimony concerning repeal of the Public Utility Holding Company Act, self-regulatory organizations, Vice President Bush's remarks at the SEC 1984 Major Issues Conference Dinner, mortgage backed securities, and the Bush Task Group Securities and Exchange Commission staff participants. Publications are "SEC Conference on Major Issues Confronting the Nation's Financial Institutions and Markets in the 1980's Proceedings", "Securities and Exchange Commission Annual Report 1983", and "SEC Advisory Committee on Tender Offers -- Report on Recommendations". The Quayle Vice Presidential Staff and Office Files contain letters, a memorandum, printed material, papers, and statements. Topics discussed include corporate governance, antifraud legislation, uniform statute of limitations for private actions brought under the SEC Act of 1934 plus a copy of S. 1533, executive compensation, complaints about the SEC, concerns about various financial transactions, and valuation and disclosure of stock options, and class action securities fraud lawsuits. Other materials cover a draft of legislation regarding attorney contingency fees, study of securities fraud class action lawsuits, the administration's stance on deposit insurance reform and taxpayer protection legislation, statutes of limitation for implied private rights of action and SEC Chairman Richard Breeden's remarks on limiting the cost of securities litigation. Read less