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.
Walking the Walk
By Bob ClarkFormer "lobbyist-lite" Knut Rostad tells fiduciary advisors how to stand out.
August 22, 2017
Advisor Lied to Pro Athlete About ‘VIP’ Fees: SECThe advisor told the athlete and his wife that they were paying a special rate but charged them $1.2 million more than represented, SEC says.
August 18, 2017
SEC Slams Banca IMI Securities With $35M Fine Over ADRsBrokerage firm "made it possible for such ADRs to be used for inappropriate short selling or inappropriate profiting around dividend record dates," SEC said.
August 16, 2017
SEC Issues More Guidance on Form ADV ChangesIM Division provides guidance on new filing requirement for firms that file an other-than-annual amendment.
August 11, 2017
Ex-Con, Buddies Duped Investors in $15M Oil Drilling Scheme, SEC SaysThe phony oil drilling investment scheme promised returns as high as 55%.
August 11, 2017
SEC Alert Details ‘Robust’ Cybersecurity Best PracticesThe agency's exams found that firms had stepped up their cyber compliance, but more effort is needed.
August 10, 2017
Advisor’s ‘Mafia the Movie’ Scam Not a Hit With SEC: EnforcementMeanwhile, FINRA barred three brokers, one for excessive trading and two for failure to supervise.
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.