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 Stops $39M Investment Scam by Florida Advisor
By Jeff BermanThe advisor bilked at least 30 investors in Florida and Puerto Rico, the SEC said.
March 06, 2020
SEC Charges 3 More Sales Agents in Woodbridge CaseCalifornia-based agents made more than $2.75 million selling Woodbridge securities in unregistered transactions, the SEC says.
March 05, 2020
SEC Issues Relief to Fund Boards in Light of CoronavirusRelief extends to board meetings held from now to June 15, but that could be extended, SEC IM director Blass said.
March 05, 2020
SEC Commissioner Lee Sees Trouble Spots in Ad Rule PlanThe rule's principles-based approach could be tricky for firms to follow, Allison Herren Lee said at a conference.
March 04, 2020
SEC Targets One More Suspect in $345M SchemeThe SEC filed a subpoena enforcement action against another person believed to be involved in bilking pro athletes and advisors.
March 03, 2020
Advisors to Cough Up $564K for Undisclosed Conflicts of InterestIn separate actions, SEC charged two advisors over their connections to Aequitas Management.
March 02, 2020
SEC Charges Bogus Brokers With FraudThe team made commissions totaling more than $3.5 million in securities offerings, the regulator says.
March 02, 2020
SEC Wants Feedback on Misleading Fund NamesSeveral fund types that muddy the naming waters, like ESG funds, have proliferated since the rule was enacted, the SEC says.