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 Flaws in Credit Rating Agencies
By Emily ZulzThe SEC found the agencies fell short in managing conflicts of interest as well as IT and cybersecurity issues.
December 25, 2014
Congress’ Call for SEC to Shift Resources: Dangerous GambitThe implication is that the SEC has got all its other areas of responsibility so well under control that it ought to cut back there to keep a better eye on those rascally RIAs.
December 22, 2014
Republicans Get Tough With SEC Over User FeesIndustry trade groups remain steadfast in their bid to secure more backers of a bipartisan user-fees bill.
December 22, 2014
SEC Exam Process Lacks ConsistencyMultiple exams make it difficult for firms to predict what types of questions theyll have to answer.
December 22, 2014
SEC Tests Effectiveness of Disclosures; Fiduciary Rule PendingAs a decision regarding a fiduciary rulemaking hangs in the balance, two SEC commissioners are espousing investor testing as a way to help the agency better disclose broker and advisor standards of care.
December 22, 2014
SEC Needs More Funding to ‘Solve’ Advisor Exam DeficiencyWhile there may be ways that the SEC can reallocate its existing resources to accommodate a higher advisor exam rate, the SEC cannot solve this [exam deficiency] problem without additional resources from Congress."
December 22, 2014
F-Squared Pays SEC $35M Fine to SEC for Misleading Performance AdvertisingSEC says F-Squared's AlphaSector used back-tested performance data that mistakenly inflated results by 350%, not actual performance numbers.
December 18, 2014
In Broker Harmonization Debate, the SEC Is the Real ProblemThe current debate over the regulation of brokers and investment advisors has been raging for almost four years now, ever since President Obama signed the Dodd-Frank Act into law back in 2010.