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 Charges Crypto Lender With $2B Fraud
By Jeff BermanBitConnect allegedly ran a fraudulent and unregistered offering of investments into a program involving digital assets.
August 31, 2021
SEC Charges Advisory Firm Serving Teachers With Billing, 12b-1 Fee ViolationsCertain clients had to pay a higher advisory fee than they should have and were charged 12b-1 fees.
August 30, 2021
SEC Fines Cetera, Cambridge and KMS $750K Over Email HacksFailures in cybersecurity policies and procedures led to email account takeovers that exposed clients' personal information.
August 30, 2021
Consumer Federation of America Starts Search for Roper's ReplacementMike Canning, director of policy at NASAA, will be joining the consumer group in a consulting capacity.
August 27, 2021
Debate: Should the SEC Create an Exam for 'Accredited Investor' Status?Two professors debate a bill that would allow knowledgeable investors to qualify as accredited regardless of net worth or income.
August 27, 2021
SEC Wants Info on Advisor, BD Use of Tech That Hooks InvestorsSEC Chairman Gary Gensler says he's focused on protecting investors as technology that can influence their behavior proliferates.
August 27, 2021
Advisory Firm to Pay Nearly $2M to SEC Over 12b-1 Fees, Revenue SharingThe firm's mutual fund share class selection practices resulted in an unaffiliated BD receiving three types of fees.
August 26, 2021
Rhoades, Borzi: What to Expect From Consumer Advocate Roper at the SECRon Rhoades, Phyllis Borzi and others in the regulatory world discuss how Roper could shape issues like Reg BI and 12b-1 fees.