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.
'Hamilton' Ticket Ponzi Schemer Sentenced to 6 Years in Prison: Enforcement
By Emily ZulzIn another enforcement action, an ex-Philadelphia Eagle was ordered to pay $8 million for defrauding investors including his former coaches.
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.
March 27, 2018
SEC Charges Wedbush Over Longtime Broker's Pump-and-Dump SchemeThe SEC charges that Wedbush failed to supervise the broker and ignored multiple signs of her fraud.