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.
Will This Crypto Requirement Be Killed? — SEC Roundup
By Nick Morgan and Tom ZaccaroCongress voted to repeal an accounting requirement that crypto assets be reported as liabilities. Will Biden approve?
May 22, 2024
Connecticut Puts Phoenix Life and Annuity Issuer in RehabThe move will limit the amount of cash life and annuity customers can get from sources backed by PHL's own assets.
May 22, 2024
Ivan Boesky, Convicted of Insider Trading in 1980s, Dies at 87The high-flying trader speculator was exposed as a cheat in a scandal that defined the era and sent him to prison for two years.
May 21, 2024
Annuity Advisor Settles With SEC Over Product RecommendationsRaymond Lent should have considered offering clients fee-based contracts, agency officials said.
May 20, 2024
Ex-Advisor Who Lied About Attempting Suicide Gets 3.5 Years for Bilking ClientThe client faced home foreclosure after the advisor failed to make mortgage payments as promised, the DOJ says.
May 17, 2024
RIAs, BDs Must Tell Clients About Data Breaches: SECA new rule amendment requires firms to notify clients within 30 days if private data has been compromised.
May 14, 2024
How to Avoid 5 Mistakes With Client TestimonialsIt's important to establish a publishing process with appropriate guidelines and disclosures in place.
May 13, 2024
SEC, Treasury Crime Unit Float Customer ID Rule for AdvisorsThe proposed rule is intended to fight money laundering and the financing of terrorism, said SEC Chairman Gary Gensler.