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, NASAA Issue Alerts on ESG Investing
By Bernice NapachRegulators are concerned that a lack of standards for ESG investing has led to policies and practices that can mislead investors.
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.
March 29, 2021
4 Rules the SEC Plans to Review This YearThe SEC will decide whether these rules should be continued, amended or rescinded, it says in its annual Reg Flex agenda.
March 25, 2021
SEC Warns Advisors on Ad Rule ComplianceUntil firms transition to the amended marketing rule, advisors "need to remain compliant with the previous advertising and cash solicitation rules," said attorney Lundy.