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 Issues No-Action Letter on Advisors’ ‘Imputed Custody’
By Melanie WaddellLetter is a significant development that should bring much-needed clarity to advisors, said IAAs Grossman.
February 17, 2017
Citi Faces 3 FINRA Fines: EnforcementIn another enforcement action, a purported real estate investment manager settled SEC fraud charges.
February 16, 2017
Luis Aguilar, Ron Carson Join Institute for the Fiduciary Standard Advisory BoardDan Solin and Woodrow Leake were also named to the board featuring John Bogle and Tamar Frankel.
February 15, 2017
Former SEC Chair White Returns to DebevoiseMary Jo White is returning to Debevoise and Plimpton as senior chair of the firm.
February 14, 2017
Morgan Stanley to Pay $8M Over Inverse ETFsSEC says the wirehouse failed to get signed disclosure statements from several hundred clients who bought the "typically unsuitable" products.
February 10, 2017
SEC's Top 5 Advisor Compliance FailuresAn OCIE alert highlights the top deficiencies found in advisor exams.
February 10, 2017
SEC Says Advisor Stole From Clients to Pay for Country Club, Private Jet: EnforcementThe SEC also barred a private equity advisor for improper withdrawals from funds.
February 03, 2017
SEC Charges Advisor With Stealing to Pay for Lawsuit: EnforcementIn other enforcement news, the SEC fined a California man and his fund in a golf resort investment scheme.