Goldman Sachs Pays Fine for Roiling Options Market in 2013
Goldman agreed to pay a $7 million fine to settle regulatory claims that it sent thousands of mistaken orders.
SEC Makes Its First Bust in New Data-Driven Push
Did a Wisconsin advisor cherry-pick profitable trades? SEC's simulation showed the odds that he had merely gotten lucky were less than one in a million.
36 BDs to Pay SEC $9M for Muni Bond Underwriting Failures
Raymond James, Merrill Lynch and Goldman Sachs were among the firms fined.
Mike Tyson’s Former Advisor Bilked Athletes at Live Nation-Owned Firm: SEC
Brian J. Ourand, former president of SFX, wired money to himself from client accounts, SEC says. The firm's CCO was fined for failing to supervise.
SEC Charges Atlanta Advisor With Defrauding Police, Firefighter Pension Plans
Firm breached its fiduciary duty by selling unsuitable investments to pension funds for the city’s police, firefighters and transit workers, the SEC says.
SEC Reviewing 12b-1 Fees
The SEC is reviewing the entire spectrum of 12b-1 fees, the deputy exam director said Tuesday.
Distressed Debt Maven Lynn Tilton Charged With Fraud by SEC
Tilton and her firm, Patriarch Partners, hid poor loan performance from investors and collected almost $200 million in fees from CLO funds, SEC says.
SEC Probing BDs’ Low Number of Suspicious Activity Reports
Considering the volume of transactions and the nature of the BD industry, the SEC's top cop finds the dearth of SARs a little, well, suspicious.
New Hire Roundup: SEC Names Pollock L.A. Exam Chief
Meanwhile, wealth advisory firm Presidio Group opens a new Washington office.
SEC’s Enforcement Division ‘Here to Stay’ in Muni Bond Market
It’s been a year of many firsts for enforcement and regulation in the municipal bond market, which has previously received little attention, says SEC’s Ceresney.