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 Slams PNC, Securities America, Geneos With $15M Fine Over Share Class Violations
By Melanie WaddellThe three firms put clients into higher-cost mutual fund shares with 12b-1 fees.
April 04, 2018
SEC Warns Investors of Impersonators Conducting ScamsInvestor Alert explains that fraudsters, claiming to be SEC employees, want to trick investors into sending them money to reveal sensitive account information.
April 04, 2018
DOL Fiduciary Rule Vacated. Now What?Industry officials are busy surmising what the 5th Circuit ruling means for the fiduciary rule's fate and for an SEC fiduciary rule.
April 03, 2018
SEC Halts 'Crypto Debit Card' ICO Touted by Floyd MayweatherThe co-founders created fake executives and falsely told investors their card was backed by MasterCard and Visa, the SEC says.
April 02, 2018
Fintech Founder Spent Investor Funds on Chartered Flights, Dairy Farm: SECThe SEC says Michael Liberty tricked hundreds of investors into believing that they were funding fast-growing startup companies.
March 30, 2018
Former F-Squared CEO to Pay $13M for Misleading Investors: EnforcementIn other enforcement actions. Robert Murray was sentenced to two years imprisonment in connection with Fitbit manipulation scheme.
March 29, 2018
CFP Board May Revise New Fiduciary Standard if SEC Sets Higher One: KellerCFP Board CEO Kevin Keller said the Board's new fiduciary standards 'can serve as a reference' for the SEC's fiduciary rulemaking.
March 28, 2018
Broker-Dealer Admits It Failed to File Suspicious Activity ReportsThe SEC says Aegis Capital failed to meet its AML obligations to report suspicious activity.