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.
July 31, 2023
BDs' Anti-Money Laundering Policies Fall Short: SECSome broker-dealers "did not appear to devote sufficient resources, including staffing, to AML compliance," the regulator said.
July 27, 2023
$35M Ponzi Scheme Targeted Church Members: SECBrent Seaman and his marketing materials touted some "25 years of running successful businesses and 'an assignment from a higher power,'" the SEC complaint states.
July 26, 2023
SEC Floats New Rules on Digital Nudges, RobosBroker-dealers and advisors could be required to address conflicts of interest associated with AI and predictive data analytics.
July 24, 2023
Advisor Fights SEC in Annuity Switching CaseJeffrey Cutter didn't violate the Advisers Act because he was acting as an insurance agent, his lawyers argue.
July 24, 2023
SEC to Vote Wednesday on Digital Nudges, Robo PlansThe agency plans to consider a plan to propose rules for RIAs and BDs on predictive data analytics.
July 20, 2023
Ponzi Schemer Who Got Trump Clemency Charged in New Fraud CaseEliyahu "Eli" Weinstein and four others were charged with defrauding more than 150 investors of $35 million.
July 19, 2023
SEC Would Add 83 Examiners With Budget BoostThe agency also plans to move the SEC headquarters in Washington to another building, Chair Gensler tells lawmakers.
July 18, 2023
CEO of ETF Managers Group Resigns Amid SEC Probe Into Cannabis FundThe investigation concerns the "alleged non-disclosure of conflicts of interest" by Samuel Masucci and the issuer of thematic ETFs.
July 14, 2023
Supreme Court to Decide Fund Manager's 10-Year SEC Fight — SEC RoundupThe SEC's in-house trial system is largely "a kangaroo court," the hedge fund principal's lawyer says.
July 14, 2023
Dimensional Seeks Tax-Friendly ETF Share Classes Pioneered by VanguardVanguard's patent on ETF share classes of mutual funds that reduce capital gains for investors expired in May.