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 officials say agency turned ‘Blind Eye’ to Oppenheimer
By Dave Michaels, BloombergTwo members of the U.S. Securities and Exchange Commission blasted the agencys decision to spare Oppenheimer Holdings Inc.
February 03, 2015
SEC Names Grim Acting Director of Investment ManagementDavid Grim has served as deputy director of the division for the past two years.
February 02, 2015
Is a ‘Presence Exam’ in Your Future, RIA?SEC exam chief Andrew Bowden said at a January hedge fund conference in New York that the agency's Office of Compliance Inspections and Examinations will use the presence exams that it used to audit newly registered private fund advisors on never-examined advisors in 2015.
February 02, 2015
Don’t Be Complacent About ComplianceThis year is the second full year of a new, aggressive SEC regulatory regime. Has the majority of the advisory community taken heed? Unfortunately not.
February 02, 2015
SEC Would Hire 431 Under Obama’s 2016 BudgetThe new hires would come in addition to the 105 examiners the SEC plans to hire in fiscal 2015.
January 30, 2015
How to Survive Today’s SEC Exams: GiachettiOne major issue: on cybersecurity, the SEC is putting the onus on you, the noted securities lawyer warned RIAs.
January 27, 2015
Oppenheimer & Co. Fined $20M Over Penny Stocks, AML ViolationsOppenheimer & Co. agreed Tuesday to pay $10 million to Treasury and $10 million to the SEC for penny-stock related misconduct.
January 22, 2015
Enforcement Roundup: Wells Fargo, JPMorgan Slammed Over Mortgage KickbacksMeanwhile, the SEC charged a Fort Lauderdale-based advisory fund manager and his firm with running a Ponzi scheme to buy jewelry, cars and a house.