SEC
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations (such as Regulation Best Interest), enforcement actions and related activities.
Senators Ask SEC Chief to Mull Further Cyber Rules After EDGAR Hack
By Melanie WaddellClayton plans to testify that he's "deeply concerned" about the breach and to lay out for lawmakers what an SEC fiduciary rule should look like.
September 20, 2017
Senate Panel to Grill SEC Chair ClaytonTestimony before a House panel in early October is also forthcoming; the hearings come as the agency takes comments on a fiduciary rule.
September 15, 2017
Botox Doctor Charged in Insider Trading Case: EnforcementMeanwhile, petrochemical giant Braskem agrees to pay investors $10 million for its role in the Petrobras scandal.
September 14, 2017
SEC Continues Crackdown on Mutual Fund Share ClassesSEC is acting against two firms over their use of more expensive Class A shares and 12b-1 fees.
September 07, 2017
State Street to Pay $35M Over Secret Markups, Disclosure Failures: EnforcementIn another action, the SEC charged an investment advisor with stealing more than $1 million to go gambling and pay other expenses.
September 06, 2017
WFAN Radio Host Craig Carton Arrested in Concert Ticket ScamCarton ran the scam with Joseph Meli, the New York businessman who was charged in another Ponzi scheme involving "Hamilton" tickets, the SEC said.
September 06, 2017
Merrill Exec Gets ‘Cease and Desist’ in Biggest Customer Protection Case EverThe SEC found the executive negligent; Merrill was fined $415 million over leveraged conversion trades involving investors cash.
September 01, 2017
Former ‘Myth Busting’ Radio Host Charged With Fraud: EnforcementThe SEC also charged a former financial advisor with defrauding investors and spending their money on herself.