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 to Probe Advisor, BD Fiduciary Compliance With ReTIRE Initiative
By Melanie WaddellGone are the days of a long, full-scope exam, said acting exam director Pete Driscoll.
February 24, 2017
SEC Investor Advocate Launches Investor Research InitiativeThe POSITIER initiative will utilize surveys, focus group tests and other tools to better assess investor needs and influence rules.
February 24, 2017
SEC 'Continues to Wrestle' With Target-Date Fund Risk Rule: IM's GrimFormer SEC Commissioner Wallman urges IM to "tackle" TDF risk disclosure rule.
February 24, 2017
Accredited Investor Is an ‘Artificial Distinction’: SEC Acting ChairAt SEC Speaks, acting Chairman Michael Piwowar also zeroed in on how the Dodd-Frank Act burdens the "forgotten investor."
February 24, 2017
SEC Charges Advisor With Stealing $900K From a Client: EnforcementIn other enforcement news, a forex trader is accused of bilking clients and spending some of their cash at McDonald's, Victoria's Secret and Gymboree.
February 23, 2017
SEC Issues Guidance for Robo-Advisors, InvestorsRobos are fiduciaries under the Advisers Act, SEC says.
February 22, 2017
SEC Issues No-Action Letter on Advisors’ ‘Imputed Custody’Letter is a significant development that should bring much-needed clarity to advisors, said IAAs Grossman.
February 20, 2017
What Will New Financial Choice Act Look Like?A memo from Rep. Jeb Hensarling is full of changes to his sweeping financial bill, but industry insiders see a tough sell in the Senate.