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.
Firm Violated Reg BI With Risky Options Strategy: SEC
By Melanie WaddellWestern International Securities was fined $140,000 for letting a former rep day trade options in clients' accounts.
July 29, 2024
Trump Pledges to Fire Gensler, Hire People Who 'Love' CryptoThe politician said he would fire the SEC chair and pick crypto-friendly regulators if he returns to the White House.
July 25, 2024
It's Time for a Reg BI Crackdown at SEC: Ex-CommissionerThe rule is falling short of its goal and Form CRS is "bad," former SEC Commissioner Robert Jackson says.
July 22, 2024
Kitces: 5 Industry Trends Reshaping Financial AdviceThe advice business has reached a generational turning point, the popular blogger says.
July 19, 2024
SEC Launches Sweep of RIAs' T+1 ComplianceRIAs have received letters asking for details on procedures for trade affirmation and recordkeeping, K&L Gates attorneys say.
July 16, 2024
Off-Channel Communications Now Advisors' Top Compliance ConcernTwo new compliance surveys named unapproved messaging channels as the topic of the moment.
July 15, 2024
SEC Bars Advisor for 20-Year, $24M Ponzi SchemePaul Horton Smith told clients they were investing in an annuity or real estate, the SEC said.
July 08, 2024
Fidelity Hits Back at Fired Advisor's Reg BI LawsuitThe advisor was terminated for "deceptive misconduct," not for reporting rule violations tied to sales pressure, Fidelity says.