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.
When Do Advisors Have Custody Relief?
By Thomas D. GiachettiOn Feb. 21, the SEC released guidance clarifying when advisors will be deemed to have custody with respect to standing letters of authorization (SLOA).
May 19, 2017
SEC Halts Alleged Fraud by Unregistered Firm: EnforcementThe FTC obtained a court order requiring the owner of precious metals scam to surrender his Florida home.
May 12, 2017
SEC Charges CEO With Failing to Disclose Perks: EnforcementThe SEC also charged a law firm partner in a $1 million insider trading scheme.
May 10, 2017
Ex-Simpson Thacher Partner to Head SEC DivisionWilliam Hinman has been named the head of the Division of Corporation Finance at the SEC.
May 09, 2017
SEC Fines Former Staffer for Ethics ViolationsDavid R. Humphrey concealed personal trading from SECs ethics office and misrepresented his trading activities, the agency says.
May 09, 2017
Jay Clayton — Wall Street's Top Cop: The 2017 IA 25Groups press the new SEC chief to prioritize a fiduciary rule; appointing staff will be among his top tasks.
May 05, 2017
FINRA Safe Harbor Doesn’t Save Barclays From Big SEC FineThe agency is breaking new legal ground in the action against Barclays over two brokers who charged excessive markups, Cipperman Compliance Services says.
May 04, 2017
Under Clayton’s SEC, Hefty Fines for Inadvertent Errors May Be Status QuoTwo big fines on fund advisors regrading paying 12b-1 distribution fees call into question just how lenient the current SEC is willing to be.