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 Avakian Details Next 12b-1 Fee Crackdown
By Melanie WaddellThe Enforcement Division is focused on advisor disclosures and conflicts associated with bank deposit sweep programs.
November 20, 2019
SEC Disgorgement Bill, Passed in House, Could Affect Supreme Court CaseThe bill codifies the SEC's power to order disgorgement, an issue the court is considering.
November 19, 2019
SEC Freezes Assets in $6M Ponzi SchemeThe scam targeted seniors and small-business owners worldwide.
November 19, 2019
SEC Chairman Cites Fishy Letters in Support of Proxy Policy ChangeLetters he brought up at a recent meeting were not from regular folks but from a misleading, and clumsy, PR campaign.
November 19, 2019
SEC Chairman Wants to Know: 'Have We Preserved Choice' in Reg BI?Clayton told attendees at SIFMA's annual meeting that he encourages the industry to ask questions about Reg BI implementation.
November 19, 2019
Ex-NFL Player Found Guilty of Defrauding Investors in Second TrialThe former Philadelphia Eagles linebacker's first conviction, with a 40-year prison sentence, was vacated on appeal and remanded to a lower court.
November 14, 2019
Human Capital: Compliance Guru Todd Cipperman Breaks Down SEC's New Ad RuleIn Episode #4 of our podcast, we talk with Cipperman, a go-to expert on all things compliance-related for advisors.
November 12, 2019
SEC Charges New York Advisor With Running Investment Club Ponzi SchemeThe scheme involved high-yield notes issued through a group called Amongst Friends, the SEC said.