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.
November 01, 2024
JPMorgan Pays $151M to Settle Slate of SEC ComplaintsOne issue involved a Reg BI violation for steering clients into pricey mutual fund investments despite cheaper alternatives.
October 31, 2024
LPL Discloses $18M Charge, but No Arnold Updates on Q3 CallThe firm, now led by Rich Steinmeier, expects an SEC settlement related to anti-money laundering controls.
October 30, 2024
SEC Hit These 6 Firms With Reg BI Fines in 2024The SEC cracked down this year after industry complaints that FINRA was taking the lead.
October 30, 2024
Cetera Launches Regulatory Risk-O-MeterThe new resource is designed to help advisors measure and navigate developing regulatory risks.
October 29, 2024
What the Election Could Mean for SEC, DOLChanges will be afoot at the regulatory agencies, especially if Trump wins the White House.
October 28, 2024
CFP Board's Enforcement Powers Create Major Risks: SIFMAThe board's activities duplicate and conflict with those of the SEC and FINRA, the industry group warns.
October 22, 2024
SEC to Boost Scrutiny of AI Tools Used by Advisors, BrokersEarlier this year, the regulator fined two money managers for making allegedly bogus claims about their use of artificial intelligence.
October 22, 2024
SEC Chief Defends Texting Crackdown"Hundreds of people at dozens of firms were blowing right past" off-channel communication rules, Gary Gensler said.
October 21, 2024
Supreme Court Rejects Bid to Let President Fire Agency LeadersThe court upheld a ruling that has become a target for groups seeking to defang agencies like the SEC.
October 21, 2024
WisdomTree Hit With $4M Fine Over ESG FundsThe firm misstated that funds avoided companies involved in fossil fuels and tobacco, the SEC said.