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.
Advisory Firm to Pay Nearly $2M to SEC Over 12b-1 Fees, Revenue Sharing
By Melanie WaddellThe firm's mutual fund share class selection practices resulted in an unaffiliated BD receiving three types of fees.
August 25, 2021
SEC Accuses Advisor of Running $110M Ponzi SchemeThe Marietta, Georgia, advisor was named in a complaint by the SEC, along with two entities he controls.
August 25, 2021
Barbara Roper Gets Key SEC PostSEC Chairman Gary Gensler has appointed Roper, a prominent investor advocate, as a senior advisor.
August 25, 2021
Northwest Advisors Hit With SEC Fine Over 12b-1, Wrap FeesAdvisory clients paid excess fees on their investments.
August 24, 2021
SEC Steps Up Chinese IPO Reporting RulesThe agency has begun to issue new reporting requirements for Chinese companies that want to list on U.S. exchanges.
August 20, 2021
SEC Charges San Antonio Advisor in $58M Investment ScamThe advisor used investor funds to pay for personal expenses including two weddings and a divorce, the SEC says.
August 19, 2021
SEC Fines ISC Advisors Over 12b-1 FeesThe advisory firm "failed to provide full and fair disclosure of these payments and the resulting conflicts of interest."
August 19, 2021
SEC Bars Ex-LPL Rep Who Stole More Than $600K From Retired ClientThe ex-LPL broker pleaded guilty to one count of wire fraud in May.