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 Enforcement: Advisor Charged With Failing to Disclose Conflict of Interest
By Emily ZulzVCAMs founder will be barred from the securities industry for two years. Also, Bank Leumi is charged with conducting cross-border business in the U.S.
October 14, 2016
As SEC’s Money Market Rules Begin, Advisors Warned of ComplexitiesInvestors should consider impact of new rules, including the deteriorating purchasing power protection of money funds, says PIMCOs Schneider.
October 12, 2016
Deutsche Bank to Pay $9.5M SEC Fine on Research Report FailuresDeutsche Bank Securities agreed to pay a penalty for failing to safeguard material nonpublic information generated by its research analysts.
October 06, 2016
SEC Enforcement: Insider Trading, Whistleblower Retaliation and MoreAlso, an investment advisor must pay a penalty for choosing an unqualified administrative assistant as CCO, and other recent actions.
October 05, 2016
Credit Suisse to Pay $90M to SEC Over Sales Target MalfeasanceCredit Suisse reverse-engineered the process for recognizing net new assets to meet sales targets, says SEC enforcement chief Ceresney.
October 04, 2016
SEC Waging Enforcement ‘War’ on Advisors: GiachettiTom Giachetti of Stark & Stark says the current SEC and its chairwoman Mary Jo White are the most aggressive hes ever seen.
October 01, 2016
New Federal Law, SEC Scrutiny Triggers Clarification of Whistleblower RightsExisting privacy regulations and common sense have led advisors to vigorously protect confidential information.
October 01, 2016
No Longer a Cottage IndustryThe SEC is saying that advisory firms are businesses, not part of a cottage industry any longer, whose responsibility includes safeguarding clients data.