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.
Wait for ETF Rule Is Over as SEC Slates Discussion for June 28
By Rachel EvansThe rule would let asset managers sell certain ETFs without first getting SEC approval under the Investment Company Act of 1940.
June 20, 2018
Ponzi Schemers Took $100M, Threw Party in Vegas: SECThe scheme involved buying or taking over books of business of retiring investment professionals from around the country.
June 19, 2018
Merrill Pays $42M for Misleading Broker ClientsFrom 2008 to 2013, the Bank of America unit hid that the fact that client requests to buy and sell stocks were being handled by proprietary trading firms and other outside entities.
June 18, 2018
SEC Chairman Is 'Sick' of How Much Retail Fraud There IsChairman Jay Clayton says that brokers should create a culture that doesn't accept lying — even when the law allows it.
June 15, 2018
SEC Halts 'Revolutionary' Shopping App Scheme: EnforcementIn other enforcement actions, the CFTC halts a $5.5 million precious metals fraud.
June 15, 2018
US Lets Supreme Court Deadline Lapse to Challenge 5th Circuit Fiduciary RulingDOJ lets last deadline to save the fiduciary rule pass; industry officials debate likelihood of SEC "uniform fiduciary" rule.
June 14, 2018
Ether Surges After Top SEC Official Says It's Not a SecurityStatement eases concerns that regulators would crack down; digital currency rises as much as 10 percent on announcement.
June 14, 2018
How to Tell if a Broker Is Selling Unapproved InvestmentsThe SEC lists signs that a broker may be running a side business offering investments that are not approved for sale.