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.
Senate Confirms Gary Gensler as SEC Chair
By Melanie WaddellSenators voted 53-45 to confirm Gensler, a former CFTC chief and MIT professor.
April 08, 2021
Envestnet Acquires Harvest Savings & Wealth: Tech RoundupAlso, fintech firm fabe launches a SaaS application to help advisors value their firms for a sale.
April 07, 2021
SEC's ESG Plans for Public Companies May Get Frosty Reception in CourtCourts have not looked favorably on requiring public companies to disclose information not necessary for preventing deception in investing decisions.
April 07, 2021
Actor Zach Avery Arrested in $690M Film-Rights ScamAvery defrauded investors out of $227 million by telling them they were buying film rights to resell to Netflix and HBO, prosecutors said.
April 02, 2021
Is an AML Crackdown Coming for RIAs?Under Gensler, the SEC might revive a dormant AML policy plan, lawyer Ben Marzouk says.
March 31, 2021
SEC Charges Blockchain Firm With Unregistered Digital Asset OfferingsThe SEC's allegations "turn on whether the digital asset at issue is or is not a security — there is no allegation of fraud," said attorney Nicolas Morgan.
March 31, 2021
Schwab Expects 'Activist' SEC Under Gensler; Senate Sets Confirmation Vote DatePayment for order flow is a likely SEC target, and Schwab expects to be "very active" advocating for advisors on that issue.
March 29, 2021
10 Worst Financial Advisors in America: 2020Last year's worst advisors allegedly ran Ponzi schemes, stole from the elderly and veterans, and one was even charged with murdering a client.