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.
SEC Assembles Team to Craft Fiduciary Rule
By Melanie WaddellThe SEC has assembled the team of officials who will be instrumental in coordinating a fiduciary rulemaking with the DOL.
August 28, 2017
Big Form ADV Changes Coming Soon. Are You Ready?RIAs are bracing for major reporting changes regarding their Form ADVs that begin Oct. 1. An IAA counsel explains some of those changes.
August 25, 2017
SEC Says Broker Stole From Clients to Pay Mortgage, Credit Cards: EnforcementMeanwhile, a hedge fund manager agreed to pay $4.6 million for failing to enforce policies that prevent insider trading.
August 22, 2017
Advisor Lied to Pro Athlete About ‘VIP’ Fees: SECThe advisor told the athlete and his wife that they were paying a special rate but charged them $1.2 million more than represented, SEC says.
August 18, 2017
SEC Slams Banca IMI Securities With $35M Fine Over ADRsBrokerage firm "made it possible for such ADRs to be used for inappropriate short selling or inappropriate profiting around dividend record dates," SEC said.
August 16, 2017
SEC Issues More Guidance on Form ADV ChangesIM Division provides guidance on new filing requirement for firms that file an other-than-annual amendment.
August 11, 2017
Ex-Con, Buddies Duped Investors in $15M Oil Drilling Scheme, SEC SaysThe phony oil drilling investment scheme promised returns as high as 55%.
August 11, 2017
SEC Alert Details ‘Robust’ Cybersecurity Best PracticesThe agency's exams found that firms had stepped up their cyber compliance, but more effort is needed.