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.
AssetMark to Pay $18.3M Over Revenue Sharing
By Melanie WaddellThe SEC says the firm didn't disclose conflicts of interest tied to its cash sweep program and payments from some custodians.
September 25, 2023
SEC Fines Firm $1M Over Marketing Rule ViolationsWellesley Asset Management made material misstatements and omissions in marketing materials about a bond index it created.
September 25, 2023
Deutsche Bank Unit to Pay $25M to Settle SEC ProbesThe fine is the biggest ever that the SEC has handed out over allegations of greenwashing.
September 22, 2023
SEC Hits Wisconsin BD With Reg BI FineThe firm's policies and procedures contained Reg BI language but weren't tailored to its business, the SEC said.
September 22, 2023
Goldman Sent Inaccurate Data to the SEC on 163M TradesThe bank agreed to pay a $6 million fine.
September 20, 2023
SEC Expands Its Rule on Fund NamesThe rule now applies to funds focusing on investment characteristics like growth, value and sustainability.
September 19, 2023
SEC Sues Firm That Managed Billions for Russian OligarchConcord Management didn't register but invested over $7 billion for Roman Abramovich with no oversight.
September 18, 2023
SEC to Vote Wednesday on Rule to Curb Misleading Fund NamesA fund industry trade group says it's concerned about the "sweeping scope" of the rule.