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.
Ex-Con, Buddies Duped Investors in $15M Oil Drilling Scheme, SEC Says
By Melanie WaddellThe phony oil drilling investment scheme promised returns as high as 55%.
August 09, 2017
SEC Busts Advisor in AUM Inflation SchemeThe advisor falsely claimed SEC registration eligibility and solicited clients using false paperwork, the regulator says.
August 08, 2017
DOL May Announce Fiduciary Rule Delay This Month, Attorneys SayLabor "needs to address the delay immediately" to reduce uncertainty in the industry, says Steve Saxon of Groom Law Group.
August 04, 2017
Pharma Founder Bilked Investors to Fund Restaurant Business, SEC Says: EnforcementThe PCAOB announced a $1 million settlement with PwC for violations in its audit of Merrill Lynchs compliance.
August 03, 2017
SEC Ditches Plan for Third-Party Advisor AuditsAlso dropped from the agency's regulatory agenda: stress tests for larger advisors and target date fund disclosure updates.
July 31, 2017
SEC Nabs 4 Former Brokers in Annuity Scam Targeting Federal WorkersBrokers conned federal employees to roll over federal Thrift Savings Plan accounts into higher-fee, variable annuity products.
July 28, 2017
Galvin Slams SEC's Piwowar Over Anti-Fiduciary Rule CommentsGalvin is dismayed that a sitting SEC commissioner would so forcefully join with industry to attack the rule.
July 28, 2017
What's Next for Crypto Coins as SEC Tames Wild West of FinancePrices of most tokens steady as U.S. asserts jurisdiction; companies have been bypassing traditional public offerings.