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.
SEC Hits Firm, Advisor Over Leveraged ETFs in Portfolios
By Dinah Wisenberg BrinThey breached their fiduciary duty by failing to understand these funds' substantial risks, the SEC said.
May 02, 2023
4 Must-Knows for Advisors in SEC's New Reg BI GuidanceWhile aimed at BDs, the guidance helps clarify the care obligation for advisors, compliance expert Amy Lynch says.
April 28, 2023
Lawyer Breaks Down SEC's Sweep of Advisors' TextsThe SEC is requiring that firms retain business communications but hasn't defined what that means.
April 27, 2023
Debate: Should Accredited Investor Rules Be Loosened?Our tax experts discuss whether lowering the requirements to qualify as an accredited investor would benefit average Americans.
April 27, 2023
House Panel Passes Accredited Investor BillsOne of the bills would deem clients of investment advisors who receive individualized advice to be accredited investors.
April 27, 2023
House Panel Passes E-Delivery BillThe bill requires the SEC to write a rule allowing financial firms to deliver documents in digital format.
April 26, 2023
Branch Offices Lack Policies for Protecting Client Records: SECThis failure has resulted in firms falling victim to cybersecurity and data breaches, according to an SEC risk alert.
April 25, 2023
Wealthtender Adds Testimonial Marketing EvangelistAdvisors are still not clear on how to comply with the new SEC Marketing Rule, Diana Cabrices says.