The report of the SIPC Modernization Task Force outlining legislative recommendations and other changes related to the Securities Investor Protection Corporation (SIPC) is now in the hands of the SIPC Board of Directors. The SIPC Modernization Task Force was created in June 2010 to review the operations of SIPC and to recommend needed changes. The Task Force held a total of 14 meetings and created a Web site (http://www.SIPCModernization.org) to collect suggestions directly from the public. The Task Force also gathered extensive public input during two public forums, one held online in September 2010 and the other in person in New York City in June 1, 2011. In addition, the Task Force received in-person presentations and written contributions from, investor education experts, representatives of the mutual fund industry, and other expert parties. Read more in the Sacramento Bee here.
