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.
Ex-SEC Commish Gallagher Joins Regulatory Firm Patomak as President
By Melanie WaddellFormer SEC Commissioner Daniel Gallagher is now president of regulatory consulting firm Patomak Global Partners in Washington.
January 14, 2016
Goldman Fined $15M by SEC Over Reg SHO Violations"The requirement that firms locate securities before effecting short sales is an important safeguard against illegal short selling," said SEC's Ceresney.
January 11, 2016
SEC’s Top Exam Priorities for 2016SEC examiners will zero in this year on several new areas.
January 08, 2016
SEC Bars Steven Cohen From Managing Money Until 2018Cohen, the former head of SAC Capital, gets a two-year supervisory bar and increased oversight for failing to supervise a portfolio manager's insider trading.
January 08, 2016
SEC Warns Advisors to Pay Closer Attention to 12b-1, Distribution FeesA recent exam sweep prompted the SEC to issue guidance on how advisors and funds can avoid mischaracterizing distribution fees, including 12b-1 fees.
January 06, 2016
JPMorgan to pay $4 million to settle SEC case over broker payJP Morgan falsely stated that employee pay was based on clients performance and that no commissions were paid.
January 06, 2016
JPMorgan Securities Misled Customers About Brokers’ Comp: SECThe BD was fined $4 million for letting customers think brokers had "skin in the game," the SEC said.
January 04, 2016
SEC Investor Advocate to Congress: 'Appropriate Limits' Needed in Elder Fraud RulesSEC's Fleming tells lawmakers that any new authority given BDs and advisors "to intervene in clients accounts" must include "limits on that authority."