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 Finds Shady Practices in BDs' Structured Product Sales
By Melanie WaddellExaminers found suitability violations including heavy sales to customers who were elderly, didn't speak English or had a conservative investment objective.
August 19, 2015
Sons of Indicted Swiss Financial Adviser Keep Business in the FamilyAfter his indictment, Josef Becks directors formed another company to manage money for American citizens, records show.Photographer: Jason Alden/BloombergA few weeks after his indictment, Josef Becks directors formed another company to manage money for American citizens, records show
August 13, 2015
SEC Hits Edward Jones With $20M Fine Over Muni Bond OverchargesFirm settles on SEC fraud charges that it overcharged customers on new municipal bond sales.
August 13, 2015
SEC use of administrative judges dealt setback: business of lawA U.S. District judge ruled the SEC's appointing of in-house judges is likely unconstitutional.
August 13, 2015
SEC use of administrative judges dealt setback: business of lawA U.S. District judge ruled the SEC's appointing of in-house judges is likely unconstitutional.
August 12, 2015
SEC Must Target Form ADV Changes to Reduce Advisor Costs: IAAIAA tells SEC to focus a 'particularly keen eye' on disproportionate costs to small advisors under its request for more SMA data on Form ADV.
August 11, 2015
Guggenheim, the SEC and Milken's ShadowDid the former junk-bond king act as an investment advisor? Regulators seem to have spent two years investigating just that.
August 11, 2015
SEC, FBI Bust Hacking Ring That Stole Earnings Reports Then Sold ThemAn international hacking operation stole pre-release earnings information on companies from newswire services then conducted insider trades.