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.
Clock Ticking on Advisors' Compliance With SEC Pay-to-Play Rules
By Melanie WaddellNow that FINRA, MSRB have filed pay-to-play rules with SEC, compliance with third-party solicitor provision at hand.
December 28, 2015
New Year Brings New Regulatory, Political ChallengesKarl Rove predicted the likely presidential candidates, but other 2016 issues debated at MarketCounsel were third-party RIA exams and DOL fiduciary.
December 23, 2015
SEC Charges Las Vegas Advisor in Pump-and-Dump SchemeDonald Toomer Jr. bought microcap stocks in client accounts in exchange for kickbacks, the SEC says.
December 23, 2015
Advisor of Many Aliases Charged by SEC With Fraud (Again)Edward Durante used the 10-year prison term he was serving for fraud to hatch another scheme, the SEC says.
December 23, 2015
New Year Brings Regulatory Roulette for Advisors, BDsNew rules and new faces add to the uncertainty of which new compliance challenges will take hold in 2016.
December 22, 2015
Morgan Stanley to Pay $8.8M to Settle SEC Charges in ‘Parking’ SchemeA former Morgan Stanley portfolio manager engaged in prearranged trades that benefited some clients while harming others, the SEC says.
December 18, 2015
SEC Enforcement: Soccer Club Charged in Boiler Room ScamMeanwhile, the SEC barred hedge fund advisor Owen Li for false statements to investors and for causing a funds collapse.
December 17, 2015
SEC Charges Turing CEO Martin Shkreli With Fraud, ‘Widespread Misconduct’SEC charged Shkreli with improperly taking money to pay off disgruntled investors in his hedge funds.