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.
Teacher Turned Advisor Sold Risky Securities to Teachers, Retirees: SEC
By Melanie WaddellThe firm and its owner failed to disclose to clients that they stood to receive commissions of up to 18% from the sales.
September 13, 2018
SEC's New Customer Relationship Form Confuses Consumers: StudyIndependent testing shows investors may be misled by the SEC's proposed Form CRS, part of its best-interest proposal.
September 11, 2018
SEC Will Reimburse Retail Investors Hurt by Leveraged Oil NoteBroker-dealer Cadaret Grant recommended inappropriate investments, regulators say, and will pay $500,000 penalty plus disgorgement, interest.
September 11, 2018
SEC Takes Action Against Digital Token OfferingMichigan-based TokenLot LLC and its owners allegedly acted as unregistered broker-dealers in selling digital tokens, the SEC said.
September 10, 2018
SEC Charges 2 Brokers With Fraud Over Excessive TradingOne broker's strategy would have to return 21% to 406% annually just to cover trading costs, the SEC said.
September 07, 2018
SEC Fines Ex-Raymond James Branch Manager for Role in EB-5 Fraud: EnforcementAlso, the SEC charged two men for using oil-and-gas investors' money for vacations and dating websites.
September 05, 2018
Senate Banking Counsel Roisman Confirmed as SEC CommissionerRoisman was confirmed by an 85–14 vote.
September 04, 2018
SEC Mulls Loosening Some Regs on Startups, Small FirmsAt issue is an accounting rule and some measures that could ease IPOs.