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.
Phoenix Companies settles with SEC on timetables filings
By Warren S. HerschThe amended administrative order settles the SEC's administrative proceedings against Phoenix and and PHL Variable.
August 01, 2014
SEC Busts 2 for Bilking Terminally Ill, Blind SeniorsThe SEC fined one broker for his role in an annuity scam involving the terminally ill and another for stealing from blind and elderly clients.
July 28, 2014
SEC Issues Mutual Fund Prospectus Guide, Delays Annuity Summary PlanThe Securities and Exchange Commission recently released mutual fund guidance that advises registrants to reduce the length of the summary disclosure to three to four pages and to use plain English to explain disclosures.
July 28, 2014
Dodd-Frank: Four Years LaterAs the fourth anniversary of the Dodd-Frank Act's passage into law hit in late July, regulators and lawmakers aired their opinions about how the financial reform law is workingor not.
July 28, 2014
Harbinger Capital COO to Pay SEC Fine Over Falcone SchemePeter Jenson admits wrongdoing in scheme to misappropriate millions from a hedge fund they managed to pay Falcones personal taxes.
July 24, 2014
SEC, FINRA Enforcement: More Charged in Football-Related Boiler Room SchemeIn other actions, the SEC charged the CEO of penny stock company CytoGenix, and his so-called business partner, with defrauding investors via false press releases.
July 23, 2014
Barney Frank Cheers FSOC for Role in Money Market Fund OverhaulBefore a House committee, Barney Frank commented on several controversial aspects of his namesake financial reform law, including one that makes him "nervous."
July 22, 2014
House bar on SEC fiduciary rule likely DOA in SenateSenate likely to throw out Rep. Lankford's amendment; entire bill likely to stall, says IAA's Tittsworth