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.
Enforcement Roundup: Barclays, Traders Fined $488M for Energy Market Manipulation
By Marlene Y. SatterAmong recent enforcement actions, the SEC fined Rajat Gupta $13.9 million for tipping off Raj Rajaratnam, and FERC fined Barclays and four of its former traders a combined $487.9 million for manipulating energy markets.
July 15, 2013
How the SEC Stacks the DeckThe low burden of proof required when the SEC brings a case can easily threaten RIAs' livelihoods.
July 11, 2013
SEC, FINRA Enforcement: Radio Personality Fined Over ‘Buckets of Money’Among other recent enforcement actions was an account freeze in an insider trading case involving a leather bag maker turned biomed developer.
July 10, 2013
SEC Lifts Ban on Hedge Fund AdvertisingThe new rule, approved by a 4-1 vote, was required by the JOBS Act. NASAA and ICI voiced their disappointment in the rule's lack of investor protections.
July 10, 2013
The 'cost' of fiduciary: The wacky folks at NAIFA are at it againId like to give a special shout out to my main men at NAIFA for their ongoing efforts to keep me from getting bored.
July 10, 2013
The 'cost' of fiduciary: The wacky folks at NAIFA are at it againId like to give a special shout out to my main men at NAIFA for their ongoing efforts to keep me from getting bored.
July 10, 2013
SEC Full Funding Boost Request Goes BustThe SEC is set to get $303 million less than what it requested under the House Appropriations Committee fiscal year 2014 Financial Services and General Government Appropriations bill, released Tuesday.
July 10, 2013
The ‘Cost’ of Fiduciary: Those Wacky Folks at NAIFA Are at It AgainA standard that requires retail advisors to put their clients interests first is not about costs; its about protecting investors.