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 eyes deferred annuity riders
By Arthur D. PostalAlso coming under heightened scrutiny are funds and contract names that suggest safety or protection from loss.
January 02, 2014
Advisors brace for more exams, ‘game changer’ on horizonAdvisors anticipate the arrival of fiduciary advice rules, and will watch for user fees bill, money-market and target-date fund rules.
December 23, 2013
DOL Seen as First Mover on FiduciaryThe SEC will let the DOL move first in releasing its fiduciary redraft, which the DOL said wont come until August, two industry officials predicted.
December 23, 2013
How to Establish a Culture of ComplianceSEC Chairwoman Whites felt and feared and Giuliani-style approach comments indicate that regulators are getting aggressive. Be ready.
December 18, 2013
Much of 2013’s Important News Arose From What Didn’t HappenOne of the big things that failed to happen this year was a fiduciary standard imposed on brokers by either the SEC or the DOL.
December 17, 2013
SEC Levied Record $3.4B in Fines in 2013But brokers and advisors were hit with fewer enforcement actions this year, the SEC says.
December 12, 2013
SEC, FINRA Enforcement: Muni Firm Fined Over Sports Ticket GiftingMeanwhile, FINRA censured and fined Wells Fargo Advisors over undetected unauthorized fund transfers, and the SEC froze assets in an oil and gas scheme.
December 12, 2013
Pre-Crisis CDOs Haunt Merrill With $131.8M SEC FineMerrill Lynch failed to inform investors that a hedge fund firm shorting the CDOs had significant influence over the selection of their collateral.