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 Charges Pastor With Fleecing His Flock
By Emily ZulzLarry Holley allegedly told prospective investors that as a person who prayed for your children, he was more trustworthy than a banker with their money.
March 23, 2017
Dodd-Frank ‘Should Be Looked at,’ SEC Nominee Clayton SaysTrump nominee tells Senate committee he has no specific plans for a Dodd-Frank attack and that mandated rules should go forward.
March 22, 2017
SEC Shortens Trade Settlement Cycle to 2 Days From 3The T+2 rule is designed to enhance efficiency and reduce risk, the SEC says.
March 21, 2017
Big SEC Penalties May Be History Under New ChairActing SEC Chair Piwowar's recent decisions and comments regarding penalties suggest a move away from higher and higher penalties against advisors.
March 17, 2017
Tech Exec Gets 9 Years in Prison Over Fraudulent Stock Offering: EnforcementIn other enforcement news, an auditor was charged with insider trading on a clients nonpublic information.
March 15, 2017
Ex-Morgan, Wells Fargo Advisor Who Solicited Pro-Athlete Clients Barred by SECThe advisor was also an NFL Players Association registered financial advisor.
March 09, 2017
Voya to Pay $3.1M for Not Disclosing Payments Tied to Fund SalesThe advisor group will pay penalties for failing to tell clients about revenue collected from a third-party BD, the SEC said.
March 09, 2017
Fund Fee Disclosure Is Topic of First SEC Evidence SummitActing SEC Chair Piwowar says the agency is talking with the OMB and Congress about the hiring freeze under Trump.