SEC Enforcement: Missouri Firm Slapped for Fiduciary Duty Breach
Also, the SEC charged five traders with short selling and a school district with misleading bond investors.
Don’t Get Smoked by Marijuana-Related Investments, SEC Warns
The SEC halts trading of yet another purported pot-related firm and warns investors that newly liberalized marijuana laws beckon fraudsters.
SEC Charges San Diego Firm, Execs in Kickback Scheme
SEC charged a San Diego-based investment advisory firm, two executives and another employee for misleading investors and breaching their fiduciary duties.
SEC to Muni Violators: Self-Report, or Face Tougher Sanctions
The SEC on Monday encouraged issuers and underwriters of municipal securities to self-report violations under a new continuing disclosure initiative.
SEC Names Osnato to Head Complex Products Unit
The unit, formerly known as the Structured and New Products Unit, was created along with four other specialized enforcement units in 2010.
SEC Levied Record $3.4B in Fines in 2013
But brokers and advisors were hit with fewer enforcement actions this year, the SEC says.
SEC’s White: ‘Unnoticed’ Enforcement Actions Can Have Big Impact
While CEO takedowns score big headlines, SEC chief Mary Jo White says, "literally thousands" of unsung cases are no less meaningful to keeping markets functional.
SEC Slaps 3 Advisors for Custody Violations
The SEC on Monday sanctioned three SEC-registered advisory firms for violating the custody rule.
SEC Crackdown Nabs 3 Advisors for Shoddy Compliance Programs
Sanctions came a day after SEC chief Mary Jo White said that the agency was going after advisors who ignored repeated warnings.
SEC’s White: Compliance Pros Acting Lawfully Should Not Fear Enforcement
SEC Chairwoman Mary Jo White aims to reassure CCOs, but an ex-exam chief says "the proof is going to be in the cases they bring."