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 'Solely Incidental' Broker-Dealer Exclusion: A Breakdown
By Beth MillerAn attorney looks at the interpretation of this exclusion that was approved as part of the SEC's advice-standards package.
October 14, 2019
House Bill Would Require SEC Investor Testing Before Issuing RulesThe SEC Disclosure Effectiveness Testing Act would require the SEC to conduct a survey and interviews of retail investors.
October 11, 2019
States' Lawsuit Against SEC Reg BI Dismissed by Lower CourtThe court wants the matter to be taken up by the appeals court with original jurisdiction over SEC rules.
October 10, 2019
SEC Rejects Bitwise Bitcoin ETFThe head of research at Bitwise says the firm will continue discussions with the SEC and re-file as soon as it's appropriate.
October 09, 2019
SEC Launches Asset Management Advisory CommitteeThe committee "will help the Commission ensure that our regulatory approach to asset management meets the needs of retail investors and market participants," said SEC chief Clayton.
October 03, 2019
2 Steps to Building a Cybersafe RIAThe SEC wants advisors to better protect client data. Here's how to get started.
October 02, 2019
2 BMO Units Must Pay SEC $37M Over Proprietary Fund UseThe advisors failed to tell clients about certain aspects of how the advisors selected investments in their retail investment advisory program.
October 01, 2019
SEC Asks About Changing Accredited Investor Rule; Comments Pour InCommenters ranging from individual investors to the world's largest asset manager said their piece.