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.
Enforcement: Galvin Charges Man in ‘Textbook Ponzi Scheme’
By Emily ZulzIn other news, CFP Board suspends an advisors CFP certification and auditors face charges from SEC.
October 28, 2016
5 Guideposts for RIAs to Comply With SEC’s Change of Control RulesAll RIAs will inevitably need to navigate the SECs change of control rules and guidance. Heres how to stay on course.
October 27, 2016
SEC Charges Advisor for Overbilling Fees, Stealing AssetsThe SEC says Marc Broidy billed excess fees and also misappropriated funds to pay for overseas trips and leases on luxury vehicles.
October 27, 2016
SEC Zeros In on Advisors’ Whistleblower ComplianceExaminers targeting advisors and BDs compliance manuals, codes of ethics, employment agreements and severance agreements.
October 26, 2016
SEC's Sketchy Insider Trading Definition Sparks Enforcement ActionsFund advisors should re-examine policies to prevent insider trading given the shifting contours of insider trading law and the SECs aggressive enforcement.
October 24, 2016
SEC Announces Reporting Changes for Advisors on SMAs, PerformanceAdvisors will need to provide additional information on their Form ADV, and retain performance documentation for all managed accounts or security recommendations.
October 21, 2016
SEC Enforcement: Advisor Charged With Failing to Disclose Conflict of InterestVCAMs founder will be barred from the securities industry for two years. Also, Bank Leumi is charged with conducting cross-border business in the U.S.
October 20, 2016
The DOL may regulate entertainer Dave Ramsey, but should it?This months 'Seriously Dave' column asks whether the DOLs new fiduciary rule applies to Dave Ramsey or conflicts with a 1985 Supreme Court decision.