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 Needs to Improve Oversight of FINRA: GAO
By Melanie WaddellSEC's oversight of FINRA lacks documented policies and procedures for determining which findings and corrective actions to track.
December 10, 2021
Ex-LPL Rep Sentenced to 2½ Years in Prison for Stealing From Retired ClientThe former broker was also ordered to pay $639,580 in restitution and a special assessment of $100.
December 07, 2021
Regulators: Hold On to Digital Communications!The pandemic forced online communication through several devices; now, regulators want advisory firms to hold on to this information.
December 07, 2021
Ex-Merrill Rep Who Scammed Pastors Sentenced to 7 Years in PrisonThe former broker had pleaded guilty to one count of securities fraud and admitted to swindling millions of dollars from victims in several states.
December 03, 2021
10 Worst Financial Advisors in America: 2021This year's worst advisors allegedly committed some of the usual crimes—and some that will definitely surprise you.
December 03, 2021
SEC Rejects WisdomTree's Spot Bitcoin ETF ApplicationIt was the agency's second Bitcoin ETF rejection in a month. Fidelity Canada launched its first spot Bitcoin ETF in Toronto.
December 02, 2021
The Trouble With the Grayscale Bitcoin Trust: MorningstarIt's no long-term substitute for a Bitcoin ETF, but Grayscale could solve one of GBTC's biggest problems now, an analyst says.
December 01, 2021
SEC Updates List of Deceptive Firms, Fake RegulatorsThe firms on the SEC's PAUSE list provide inaccurate information or impersonate other firms.