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.
Bogus Broker Pleads Guilty to Securities Fraud, Faces Up to 25 Years in Prison
By Jeff BermanThe scammer posed as a broker and obtained over $2.7 million from at least 19 investors, prosecutors say.
November 12, 2021
SEC Rejects VanEck's Bitcoin ETFRegulators have shown they're still not comfortable with Bitcoin spot ETFs despite their approval of futures-based funds.
November 11, 2021
With Reg BI, 'Think Broadly' About Recommendations: SEC's LeeThe commissioner warned BDs to consider how Reg BI could affect their communications, tech use and even account opening practices.
November 11, 2021
Jury Finds Priest Serving as Hedge Fund Advisor Made False StatementsHowever, the jury did not find the priest engaged in a fraudulent scheme or that he violated the Investment Advisers Act as alleged by the SEC.
November 10, 2021
Love or Hate Social Media, Advisors Need to Be CompliantThe "Roaring Kitty" debacle highlights the dangers firms run into when they have lax controls on new marketing tools.
November 10, 2021
SEC Finds Widespread Advisor Fee Calculation ErrorsErrors included overbilling, double-billing and using outdated fee schedules.
November 09, 2021
SEC Finds Widespread Deficiencies Among Robo-AdvisorsNearly all the advisors examined, including those serving retirement plans, received deficiency letters, the SEC said.
November 05, 2021
SEC Names Veteran Staffer to Lead Whistleblower OfficeNicole Creola Kelly has been with the agency more than two decades, most recently in the Office of the General Counsel.