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.
Human Capital: IAA's Neil Simon on Top Issues Percolating at SEC, the Hill
By Melanie Waddell Melanie WaddellSimon also talks about IAA's push to restore and expand the deductibility of fees on financial planning advice.
May 22, 2020
SEC Takes Action to Stop Ponzi Scheme Selling 'Annuities'Since the COVID-19 stay-at-home orders, the advisor has continued to solicit investors, the SEC says.
May 19, 2020
SEC Reg BI, Form CRS Exams to Start in JulyFirms should prepare for some standalone Reg BI and Form CRS exams as well as regular exams, said SEC's Polise.
May 15, 2020
Human Capital: Ex-SEC Lawyer Lundy Warns of Sweep of Advisor PPP LoansLundy, based in Chicago, co-leads Faegre Drinker's Reg BI Compliance team as well as internal investigations.
May 15, 2020
TD Ameritrade Exec: Advisory Fee Tax Deduction Needed More Than EverSkip Schweiss also discussed the SEC Advertising Rule and gave a warning about Reg BI compliance.
May 15, 2020
SEC Fines Morningstar $3.5M for Conflict of Interest ViolationsThe firm says it has "enhanced and will further strengthen policies, procedures, and internal controls."
May 14, 2020
SEC Launches PPP Loan Sweep of Public CompaniesThough the enforcement probe is focused on public firms, advisors could be questioned on PPP loans in their next exam, a lawyer says.
May 13, 2020
SEC Orders Ponzi Schemers to Pay $2.8MAt least 55 investors – mostly seniors and small business owners – were targeted in scheme, regulator says.