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.
May 31, 2023
House Passes Bill Requiring SEC to Update Small Business DefinitionThe Investment Adviser Association supports the bill, saying the current definition of a small RIA is "inexplicably" low.
May 31, 2023
Harvey Pitt, Former SEC Chairman, Dies at 78Pitt was most recently president and CEO of Kalorama Partners.
May 30, 2023
Ex-Wells Fargo Exec to Pay $5M to SEC for Misleading InvestorsCarrie Tolstedt publicly endorsed the bank's "cross-sell metric" while knowing it included fake accounts, the SEC said.
May 30, 2023
House to Vote on Accredited Investor Definition Bill This WeekThe bill's sponsor says limiting private investments to people meeting certain financial thresholds is an outdated practice.
May 25, 2023
Florida Adopts Reg BI-Friendly Annuity Sales Rule UpdateAdvocates fear a showdown with the SEC if more states don't step up soon to regulate fixed annuities.
May 24, 2023
Couple Bilked in $29M Ponzi Scheme Sues Advisory FirmThe firm didn't supervise an advisor who paid for planes and mistresses with client money, a lawyer says.
May 22, 2023
The SEC Chair Wants to Kill Crypto. He Can't.Gary Gensler's condescending treatment of the crypto industry will merely drive innovation out of the U.S.
May 19, 2023
More Sweeps, Reg BI Cases on the WayMore Reg BI-related cases are "in the pipeline," said Christopher Kelly, FINRA's acting enforcement director.
May 19, 2023
Study Up! SEC Reg BI Bulletins Will Be Used in Exams, Compliance Pros SayThe bulletins are "essentially a roadmap" to what examiners will focus on, Commonwealth's Peggy Ho says.
May 16, 2023
Reg BI Is a 'Work in Progress': SEC ChiefSEC Chairman Gensler addressed hot topics, like off-channel communications, at FINRA's annual conference Tuesday.