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 Accuses Firm of Marketing Rule Violations, Failing to Register
By Dinah Wisenberg BrinFlorida-based Black Dragon, which didn't admit wrongdoing, posted misleading performance data on its website, the agency says.
August 28, 2024
Top IAA Lobbyist to RetireNeil Simon will step down at year end, with Gail Bernstein, general counsel, adding public policy direction.
August 28, 2024
SEC Retreats From 'Swing Pricing' Mandate for Mutual Funds After Stiff OppositionThe plan would have imposed swing pricing during periods of high redemptions, making it costlier for investors.
August 27, 2024
SEC Charges Firm, CEO With Bilking Hundreds of ClientsThe firm promised guaranteed investment returns and 100% capital protection, the agency says.
August 23, 2024
Cash Sweep Clients 'Were Paid Peanuts': Ex-SEC CommissionerFormer SEC Commissoner Robert Jackson has partnered with a law firm to help underpaid brokerage customers.
August 23, 2024
Western Asset's Leech Leaves CIO Role Amid SEC, DOJ ProbesRegulators are looking into if some clients were favored over others in the allocation of gains and losses from derivatives trades.
August 20, 2024
Risks Are Piling Up for Firms' Cash Sweep Programs: ReportThe uptick in litigation and regulatory activities could entail higher costs, which might hurt advisor recruiting deals, an expert says.
August 19, 2024
Icahn Reaches $2M SEC Settlement After Margin Loans ProbeThe investigation started after a report by short-seller Hindenburg Research sent shares in Icahn's investment firm tanking.