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.
13 Firms Fined for Advertising F-Squared’s False Performance Claims
By Emily ZulzPenalties range from $100,000 to a half-million dollars based upon the fees each firm earned from F-Squareds AlphaSector-related strategies.
August 19, 2016
How Key Energy Got the SEC to Go Easy on Bribery ChargesThe SEC accused its Mexican subsidiary of violating provisions of the Foreign Corrupt Practices Act but only made the company disgorge $5 million in profits.
August 19, 2016
Enforcement: Goldman Trader Barred for Misleading CustomersIn another action, Ameriprise was censured and fined by FINRA for failing to supervise its registered reps sales of closed-end funds.
August 15, 2016
SEC Charges Hedge Fund Manager in Scheme Involving Terminally IllDonald Lathen allegedly paid 60 patients $10,000 each to use their names on accounts, redeeming their investments after they died.
August 12, 2016
Enforcement: Advisor Inflated AUM, Stole From Client, SEC SaysMeanwhile, the SEC fined a company for its anti-whistleblower policy.
August 10, 2016
SEC Charges Ex-NFL Player With Defrauding Former Coaches, ElderlyThe player cheated seniors and coaches, donors, alumni and employees of schools out of $10 million, the SEC said.
August 10, 2016
SEC Names Snyder Co-Head of Advisor ExamsSynder joins Jane Jarcho in OCIE to help oversee more than 520 lawyers, accountants and examiners.
August 09, 2016
Advisor’s Challenge to SEC In-House Judges Fails in DC CircuitA federal court on Tuesday rejected an investment advisors challenge to the constitutionality of the SEC's administrative law judges.