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 Charges Pot Exec in Sale of Unregistered Securities on Craigslist: Enforcement
By Emily ZulzAlso, the SEC charged a firm and its owner over their association with a barred advisor — the owner's father.
August 28, 2018
It's All About the BenjaminsA more aggressive stance by SEC examiners means advisors need to be prepared and able to respond to the questions below.
August 27, 2018
SEC Fines Legg Mason $34M in Libyan Bribery SchemeA former asset management unit with the firm partnered with a French bank to bribe Libyan government officials, the SEC said.
August 27, 2018
FINRA, Exchanges Set New CAT Schedule After Missing DeadlineFINRA and national securities exchanges have failed to begin reporting consolidated audit trail data as scheduled, SEC Trading and Markets chief Redfearn said.
August 27, 2018
SEC Orders Transamerica Affiliates to Repay $97M Over Rookie's Faulty Quant ModelsThe four affiliates launched the products and strategies "without first confirming that the models worked as intended," SEC said.
August 23, 2018
Senate Banking Committee Advances Roisman as New SEC CommishSenate Banking approved by voice vote the nomination of Elad Roisman, the Committee's chief counsel, to replace former SEC Commissioner Michael Piwowar.
August 22, 2018
SEC's Clayton Says Sales Contests Must Die"Main Street investors have no tolerance for certain questionable sales practices such as high-pressure, product-based sales contests," Clayton said Wednesday.
August 22, 2018
Consumer Groups Lobby SEC to Drop Support of Mandatory ArbitrationPrivate lawsuits are crucial for protecting consumers and resolving disputes without government intervention, the group says.