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 Credit Ratings Exam Report Details Compliance Snafus
By Elizabeth FestaThe SEC found that at times, the NRSROs didn't stick to their own stated methodologies and criteria when determining ratings.
December 17, 2018
SEC Hits BNY Mellon for $54M Over Improper ADR HandlingBNY Mellon improperly provided ADRs to brokers in thousands of prerelease transactions, the SEC says.
December 17, 2018
SEC Warns RIAs to Review Electronic Communication PoliciesAn OCIE Risk Alert zeros in on advisor infractions of the Books and Records and Compliance Rules.
December 13, 2018
Executives to Pay $2.7M to Settle ICO Scam Charges: EnforcementThe SEC also charged an advisor and his daughter with running a Ponzi scheme.
December 13, 2018
SEC Looks Deeper at Advisors' Share-Class Use, Revenue SharingThe SEC is targeting advisors who didn't make voluntary 12b-1 fee disclosures "but perhaps should have," attorneys say.
December 11, 2018
SEC May Use Same Words to Describe Broker, Advisor Standard: ClaytonClayton sparred with Sen. Elizabeth Warren Tuesday about the agency's advice-standards package during an SEC oversight hearing.
December 10, 2018
Natixis, Citadel Securities, MUFG to Pay SEC More Than $6M for Blue Sheet Data ErrorsSEC uses the blue sheet data to carry out its enforcement and regulatory obligations, including investigating fraud.
December 10, 2018
SEC Chair Clayton Lays Out 2019 Regulatory PrioritiesA "key priority" for the securities regulator is finalizing advice standards package, Clayton says.