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 Adjusts 'Qualified Client' Threshold for Advisor Performance Fees
By Melanie WaddellAdvisors can charge performance fees only to clients who exceed this threshold in AUM or net worth.
June 15, 2021
SEC Names Harvard Professor as General CounselMeanwhile, Renee Jones of Boston College becomes the first Black woman to lead one of the SEC's four major divisions.
June 15, 2021
Excited About SEC's New Ad Rule? Not So FastAdvisory firms are itching to use testimonials before their compliance departments are ready.
June 14, 2021
SEC Plans More Changes to Accredited Investor DefinitionRules around money market funds, ESG, gamification, a shortened settlement cycle and advisor custody are also on the SECs agenda.
June 14, 2021
Dentist Turned Advisor Fined Over Fraudulent OfferingsThe advisor has agreed to pay $600,000 to settle allegations he engaged in three separate securities frauds, the SEC says.
June 10, 2021
Ex-Broker Who Defrauded Older Clients Sentenced to Over 5 Years in PrisonThe former Mutual of Omaha rep was also ordered to pay restitution of $2.4 million to his victims.
June 10, 2021
How Invesco, Others are Circumventing SEC's Crypto ETF ReluctanceInvesco has filed applications with the SEC for two ETFs that indirectly invest in cryptocurrencies.
June 09, 2021
SEC Chief Calls for Review of Stock Trading RulesGensler has asked staff for recommendations on best execution, Regulation NMS, payment for order flow and NBBO.