SEC Creates New Office of Risk Assessment
SEC created new Office of Risk Assessment to help provide data-driven risk assessment tools and models to support a wide range of SEC activities.
SEC Using Hedge Fund Data on $8 Trillion in Assets in Exams, Enforcement
SEC tells Congress it is using compiled data from Form PF, now required of private fund advisors, to support its own regulatory programs.
Firm Fined $70M for Stock, Note Fraud
A holding company, a brokerage firm and their CEO were fined for misrepresenting notes and stock they sold to unsophisticated investors.
SEC Fines Bitcoin Entrepreneur for Selling Unregistered Shares
The SEC fined the co-owner of two bitcoin-related websites for publicly offering shares in the two ventures without registering them.
SEC Chief Economist, Head of Economic Analysis Departs
Craig Lewis is leaving the SEC, effective immediately, to return to Vanderbilt University.
SEC Fines NYSE, 2 Affiliates $4.5 Million for Breaking Their Own Rules
“We will hold exchanges accountable if they fail to have rules governing their operations or fail to follow them,” said SEC's Andrew Ceresney.
SEC Charges Ex-BP Crisis Manager With Insider Trades After Deepwater Horizon Oil Spill
The employee, a senior responder during the 2010 Deepwater Horizon oil spill, traded on confidential information about the magnitude of the disaster, the SEC said.
Credit Suisse to Pay $196 Million to SEC Over Cross-Border Infractions
Credit Suisse relationship managers traveled to the U.S. to advise and solicit clients, collecting $82 million in fees, without registering with SEC.
SEC Levied Record $3.4B in Fines in 2013
But brokers and advisors were hit with fewer enforcement actions this year, the SEC says.
Pre-Crisis CDOs Haunt Merrill With $131.8M SEC Fine
Merrill Lynch failed to inform investors that a hedge fund firm shorting the CDOs had significant influence over the selection of their collateral.