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's Peirce Says She'll Fight to Further Expand Accredited Investor Definition
By Melanie WaddellPeirce said she would advocate for more credentials to be added to the list.
September 21, 2020
Firm Bilked Clients of Nearly $1M Before Owner's Death: SECThe SEC is seeking disgorgement from the firm owner's estate.
September 18, 2020
SEC Says Ex-Transamerica Rep Used Client Money to Pay His Own BillsThe former broker and RIA defrauded clients of at least $178,000, according to the regulator.
September 11, 2020
SEC Obtains Final Judgment Against Ex-Stifel Rep Who Defrauded WidowThe rep was accused of misappropriating his elderly client's funds for his own personal use.
September 11, 2020
Advisor Who Blew $2 Million on Bad Trades Charged With FraudThrough a risky, unauthorized options trading strategy, the advisor caused a couple's portfolio to tumble from $2.2 million to just $27,000, SEC says.
September 10, 2020
Commonwealth Still Grappling With SEC Over 12b-1 FeesThe regulator wants more data about revenue sharing, as the firm seeks a protective order.
September 09, 2020
Fidelity's National Financial Services to Pay $2.5M to Settle SEC ChargesThe firm and FuelCell Energy failed to deliver final prospectuses to stock investors, the regulator said.
September 08, 2020
Advisor to Plead Guilty to Running $3.3M Ponzi SchemeThe Alpha Trade Analytics owner could face up to 20 years in prison.