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.
Should Compliance Officers Be Held Personally Liable? SEC's Peirce Weighs In
By Melanie WaddellToo much liability could discourage talented people from working in compliance, the SEC commissioner says.
October 26, 2020
SEC Chief: Firms 'Meeting Their Obligations' on Reg BIBut some areas of Form CRS need improvement, Jay Clayton says.
October 20, 2020
ICI Names New CEOEric Pan will assume his new role on Nov. 9, succeeding the group's longtime leader, Paul Schott Stevens.
October 19, 2020
SEC Chief 'Cautiously Satisfied' With Reg BI but Seeing Some Troubling TrendsThe SEC chairman shared his views during an interview with SIFMA CEO Ken Bentsen at the association's virtual event.
October 13, 2020
Kitces: Rumors of Reg BI's Death Under Biden May Be ExaggeratedA new administration may not have the "appetite" for new rules but could reinterpret existing ones, the XY Planning co-founder says.
October 13, 2020
Ric Edelman's Crypto Council Buys Events Group, Names Inside ETFs Co-Founder PresidentThe RIA Digital Assets Council has acquired JV Events Group and plans to hold a virtual conference in March.
October 12, 2020
SEC Clarifies Form CRS Rules on Reporting Disciplinary HistoryThe clarification follows a report that at least 1,300 firms failed to report disciplinary or legal events on the form.
October 07, 2020
SEC OKs Fund of Funds Update, New 'Finders' ExemptionThe Democratic commissioners dissented on the finders exemption, with Crenshaw stating finders can engage "in core broker-dealer activities" without registration.