SEC Sanctions Schwab, TD Ameritrade, 11 Others on Puerto Rican Junk Bond Sales
The SEC Monday sanctioned 13 firms under MSRB's minimum investment rule intended to keep retail investors out of higher-risk offerings.
SEC Slaps E*Trade for Unregistered Transactions, Issues Risk Alert
SEC says that brokerage subsidiaries of E*Trade engaged in unregistered sales of micro-cap stocks; also issues Risk Alert reminding BDs of unregistered transaction duties.
SEC Plans to Hand Out Whopping $30 Million Whistleblower Award
The SEC expects to award a whistleblower more than $30 million for providing key original information that led to a successful enforcement action.
SEC Hits New York HFT Firm With Biggest-Ever Net Capital Fine
The SEC has fined a high-frequency trading firm $16 million, the largest penalty ever for a net capital violation.
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.