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 Shuts Down $300M California Alcohol License Loan Scheme
By Melanie WaddellThe San Diego-based firm and its principal defrauded 50 retail investors, the SEC says.
September 03, 2019
SEC Charges Cetera Unit With Defrauding Clients Over 12b-1 FeesCetera Advisors received $10 million in undisclosed compensation tied to the fees, the SEC says.
September 03, 2019
Ex-SEC Enforcement Chief Khuzami Takes Leadership Role at Guggenheim PartnersKhuzami becomes managing partner and chief legal officer at Guggenheim, one of his former clients.
September 01, 2019
What Life Insurers Are Telling the SEC About the 2017 CSO ShiftOne warning: The tax consequences of extending policy maturity dates past age 121 are unclear.
August 21, 2019
SEC's New Proxy Voting Guidance Gets Mixed ReviewsThe guidance clarifies how an investment advisor's fiduciary duty relates to proxy voting on behalf of clients.
August 20, 2019
SEC Loses Its First Cyber Enforcement ChiefRobert A. Cohen is joining Davis Polk & Wardell, where two former SEC enforcement directors are now employed.
August 20, 2019
5 Notes About the SEC's New Indexed Annuity BulletinOne key point is that even your regulators may be hazy about what exactly it is that you sell.
August 19, 2019
Cantor Fitzgerald, BMO Capital Hit by SEC for Improper Handling of ADRsThe SEC orders find that both Cantor and BMO improperly obtained pre-released ADRs indirectly from other broker-dealers.