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 halts IRA scam that cost investors $22 million
By Melanie WaddellA Utah-based retirement plan administrator hid losses and allegedly used forged letters and signatures to invest on behalf of his customers.
May 01, 2014
SEC Fines NYSE, 2 Affiliates $4.5 Million for Breaking Their Own RulesWe will hold exchanges accountable if they fail to have rules governing their operations or fail to follow them, said SEC's Andrew Ceresney.
April 30, 2014
SEC Halts IRA Scam That Cost Investors $22 MillionUtah-based retirement plan administrator hid losses and allegedly used forged letters and signatures to funnel client money into high-risk investments, the SEC says.
April 29, 2014
SEC’s White Pleads for Advisor Exam Funds; Rep. Waters ‘Pushing Hard’ for User Fees BillIn 2004, the SEC had 19 examiners per trillion dollars in investment advisor assets under management, says White. Today, we have only eight.
April 29, 2014
Andrew Ceresney, SEC’s Enforcer: The 2014 IA 25 ProfileAndrew Ceresney says keeping up with the increased complexity of wrongdoing is among the biggest challenges for the enforcement division at the SEC.
April 28, 2014
Fiduciary Debate Turns to Impact on InvestorsThe latest debate over whether the SEC and the Department of Labor should issue fiduciary rules this year recently turned to whether investors could be harmed by DOL's rulemaking, or harmed by the lack of such a rulemaking by the SEC.
April 28, 2014
The IA 25 for 2014This is our 12th annual IA 25 list, bringing together the most influential people in and around the advisor industry.
April 28, 2014
Spectrem Millionaire Corner Launches Advisor RatingsWant to know how your clients would rate you? Spectrem Millionaire Corner will now survey them for you.