Christopher Schmitt

Business Ties to Fund Companies May Undermine Rating Firms' Independence

By Christopher H. Schmitt

Raters expand their services, including fund evaluation, raising possible conflicts of interest.

11:32AM 07/17/00

Nasdaq's New Trading System Won't Show and Tell All

By Christopher H. Schmitt

A 'reserve' feature lets market makers hide how many shares they want to place on the market.

10:06AM 07/14/00

Is Nasdaq's New System Anticompetitive?

By Christopher H. Schmitt

The ECNs says the Nasdaq's SuperMontage amounts to a monopoly.

10:00AM 07/14/00

Feds to Funds: Tell More About Fees

By Christopher H. Schmitt

GAO report recommends mutual funds give investors dollar-and-cents figures.

08:29PM 07/05/00

The SEC Wants Investment Advisers to Tell All Online

By Christopher H. Schmitt

The proposal would combine mandatory electronic registration for investment advisers with greatly expanded disclosure requirements.

05:16PM 07/04/00

Plugging the Proxy Hole

By Christopher H. Schmitt

The SEC wants advisers to lay out their voting habits on behalf of investors.

05:14PM 07/04/00

The Wall Street Veteran Behind the Off-Market Block Trading Experiment

By Christopher H. Schmitt

04:37PM 06/23/00

Questionable Innovation: System Hides Block Trades From the Market

By Christopher H. Schmitt

The SEC has sanctioned trials of a pricing system for block trades. But consumer advocates raise red flags.

04:36PM 06/23/00

SEC and GAO Studying Mutual Fund Fees

By Christopher H. Schmitt

But the question remains whether excessive fees can be successfully challenged.

05:07PM 06/21/00

SEC Ponders Disclosure Guidelines for Financial TV Pundits

By Christopher H. Schmitt

10:05PM 06/08/00