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.
Advisor’s ‘Mafia the Movie’ Scam Not a Hit With SEC: Enforcement
By Emily ZulzMeanwhile, FINRA barred three brokers, one for excessive trading and two for failure to supervise.
August 04, 2017
Pharma Founder Bilked Investors to Fund Restaurant Business, SEC Says: EnforcementThe PCAOB announced a $1 million settlement with PwC for violations in its audit of Merrill Lynchs compliance.
August 03, 2017
SEC Ditches Plan for Third-Party Advisor AuditsAlso dropped from the agency's regulatory agenda: stress tests for larger advisors and target date fund disclosure updates.
July 31, 2017
SEC Nabs 4 Former Brokers in Annuity Scam Targeting Federal WorkersBrokers conned federal employees to roll over federal Thrift Savings Plan accounts into higher-fee, variable annuity products.
July 28, 2017
Galvin Slams SEC's Piwowar Over Anti-Fiduciary Rule CommentsGalvin is dismayed that a sitting SEC commissioner would so forcefully join with industry to attack the rule.
July 28, 2017
What's Next for Crypto Coins as SEC Tames Wild West of FinancePrices of most tokens steady as U.S. asserts jurisdiction; companies have been bypassing traditional public offerings.
July 28, 2017
Halliburton Paying $29.2 Million to Settle FCPA Violations: EnforcementThe SEC also paid awards to two whistleblowers and fined an energy executive who took investors' money to pay for psychic readings, among other expenses.
July 27, 2017
'Bad Actor' Bill Would Limit SEC Waivers for Law-Breaking FirmsRep. Maxine Waters' bill limits the regulator's ability to grant waivers to financial institutions that have broken the law.