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 Comment Period Draws to a Close as DOL Guidance Expected
By Melanie WaddellA comment period extension could be issued on the SEC advice package while further "fiduciary" guidance from Labor is awaited.
July 24, 2018
SEC Nominee Roisman Would Keep 'Open Mind' on Best-Interest RuleAt Elad Roisman's nomination hearing, senators questioned him on how a fiduciary standard for brokers should be addressed.
July 23, 2018
'Raise Your Voice' Campaign Pushes for SEC Reg BI Changes"This [Reg BI] is just regulation gone wrong," said Sheryl Garrett, head of Garrett Financial Planning Network.
July 23, 2018
Deutsche Bank Units to Pay $75M to SEC Over ADRsThe units allowed pre-released ADRs to be used for "abusive practices," the SEC said.
July 20, 2018
Senate Dems Call SEC Reg BI 'Confusing,' Prod FINRA for AnswersSens. Warren, Brown and Booker say the rule is unlikely to "give investors the peace of mind they deserve."
July 20, 2018
SEC Charges Advisor Who Stole $3M From Clients: EnforcementIn another enforcement action, a former State Street Corp. exec was convicted of defrauding customers.
July 18, 2018
SEC Charges Investment Advisor and CEO With Misleading InvestorsThe firm and its CEO steered advisory clients and other investors into risky investments while pocketing hefty commissions, the SEC said.
July 13, 2018
SEC Charges Firms That Used 'Squeaky Clean' Testimonial Service: EnforcementThe marketing firm advertised the testimonial program as "100% compliant."