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 Says Some BDs Can Custody Digital Assets
By Melanie WaddellThe "federal acquiescence to (if not outright approval of) digital assets will continue," predicts Ric Edelman.
December 23, 2020
SEC Seeks Feedback on BDs' Custody of Digital AssetsSecurities regulator also wants comments on "evolving standards and best practices" with respect to custody of digital asset securities.
December 22, 2020
Voya to Pay SEC Fine of $22.9MThe insurer-owned firm allegedly failed to disclose fees charged to clients and made misleading statements to them, the SEC claims.
December 22, 2020
SEC Adopts New Ad Rule, Allows Client TestimonialsForm ADV was also amended to require advisors to provide more information on their marketing practices.
December 22, 2020
SEC to Ramp Up Reg BI Exams in January"Most advisors don't have a process in place to cover what SEC Reg BI requires" when it comes to retirement rollover options, says Ed Slott.
December 17, 2020
SEC Fines Robinhood $65M for Misleading Investors, Best Execution FailuresThe fine comes a day after Massachusetts regulators charged the brokerage over its marketing practices.
December 16, 2020
SEC Charges Top-Ranked Tennessee Advisor Over 12b-1 Fees"We do not negotiate with regulatory thugs that harass our clients," the advisor, Timothy J. Pagliara, told ThinkAdvisor.
December 14, 2020
Ric Edelman: 'We Have Solved' Crypto Custody Problem"You've got major players engaged here" in the custody of digital assets, Edelman said. "Fidelity, first and foremost."