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.
Barred Broker With 37 Client Complaints Hit With SEC Fraud Charges
By Jeff BermanMichael Shillin is accused of deceiving more than 100 clients on matters including insurance, pre-IPO shares, taxes and retirement accounts.
September 24, 2021
5 Reasons Advisors Can't Ignore Crypto: Morningstar PanelCrypto has more in common with traditional asset classes than advisors may think, Morningstar panelists say.
September 23, 2021
4 SEC Hot Buttons Advisors Should Address ImmediatelyThe agency is in a prickly mood, and may compel advisors to reimburse clients if certain disclosures aren't met.
September 22, 2021
Invesco Partners With Galaxy Digital to File for Bitcoin ETFThe Invesco Galaxy Bitcoin ETF is essentially a revision of Galaxy's earlier filing for a Bitcoin ETF.
September 21, 2021
Barred Advisor Charged With Bilking Veterans' NonprofitBrian McQuade took $750,000 while claiming to be a registered advisor despite being barred, DOJ alleges.
September 20, 2021
Kitces' XY Planning Urges SEC to Block Brokers From Offering Financial PlansSuch services are beyond the scope of "solely incidental" advice, says XYPN, which also wants the SEC to tighten rules around advisor titles.
September 20, 2021
Madoff Scheme Victims Get New $568M DistributionThe new distribution, prosecutors said, will bring overall recovery in the case to over $3.7 billion.
September 17, 2021
Social Media 'Finfluencers' Could Hurt a Lot of Investors, QuicklyWhen financial advice doesn't come from regulated financial professionals, cracking down on bad advice is tricky.