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.
'Investment Club' Operator Convicted of Running Ponzi Scheme
By Jeff BermanThe defendant allegedly obtained over $2 million from almost 100 investors, lost some of it and used some for personal expenses.
May 21, 2021
Reg BI Exams: Here's What to ExpectAreas of focus include rollovers, fees and complex products.
May 18, 2021
Ex-Raymond James Rep Who Stole From Elderly Clients Gets 5 Years in PrisonThe firm's former broker and executive pleaded guilty to defrauding two clients out of nearly $1 million.
May 17, 2021
S&P Dow Jones Indices to Pay SEC $9M for VIX Index MispricingThe lapse led S&P DJI to publish and disseminate stale index values during a period of unprecedented volatility in 2018.
May 17, 2021
Judge Faults Former SEC Enforcement Chief Over ConductA district judge said Alex Oh "should have known better than to impugn another attorney's character without reviewing the entire record."
May 14, 2021
'Wandering' Bad Brokers Pose Risks for Clients, IndustryAdvisors with regulatory infractions often keep causing trouble even if they're barred from the business, a recent study finds.
May 14, 2021
SEC's Crenshaw Wants Investor Testing on Reg BI, Form CRSInvestor testing is needed to ensure the disclosure-based rules are working, said SEC's Crenshaw.
May 13, 2021
SEC Slaps BD for Failing to File Suspicious Activity ReportsThe BD failed to file SARs related to external bad actors' attempts to gain access to the retirement accounts of individual plan participants.