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 Names Avakian, Peikin Co-Directors of Enforcement Division
By Melanie WaddellFormer federal prosecutor Peikin hails from Sullivan & Cromwell; Avakian moves out of acting director role.
June 01, 2017
SEC Jumps Into Fiduciary Rule Fray, Seeking Comments on ‘Future Action’SEC chief Jay Clayton said he looked forward to robust, substantive input on advisor and BD standards of conduct.
May 30, 2017
Wall Street May Get New Chance to Gut DOL Fiduciary RuleUnder pressure from Congress, the SEC may be preparing to review the responsibilities that brokers have to their clients.
May 30, 2017
Former Obama Counsel Williams Joins Kirkland & Ellis Reg PracticeErica Williams becomes partner in Government, Regulatory & Internal Investigations Practice Group while Marian Fowler becomes a partner in the Investment Funds Group.
May 29, 2017
When Do Advisors Have Custody Relief?On Feb. 21, the SEC released guidance clarifying when advisors will be deemed to have custody with respect to standing letters of authorization (SLOA).
May 26, 2017
SEC Charges Government Insider in Illicit Trading Scheme: EnforcementThe SEC also charged a man who manipulated the price of Fitbit stock by making a phony regulatory filing.
May 24, 2017
Trump Budget Cuts SEC’s Tech FundingTrump budget seeks to abolish agency's Reserve Fund, which was created by Dodd-Frank.
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.