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 Launches Exam Sweep of Advisors' Share Class Picks
By Melanie WaddellThe Share Class Initiative targets mutual fund and 529 plan share classes with substantial loads or fees, including 12b-1 fees.
July 08, 2016
SEC Whistleblower Chief to Leave AgencySean McKessy, chief of the Office of the Whistleblower at the SEC, will leave the agency later this month.
July 07, 2016
Sen. Warren Blasts SEC Disclosure Initiative as Harmful to InvestorsThe attempt to simplify public company disclosure requirements is an "ill-conceived" waste of the SEC's time, Sen. Elizabeth Warren says in a letter.
July 05, 2016
SEC to Put Investors’ Understanding of 12b-1 Fees to the TestSEC Investor Advocate Rick Fleming says the SEC will be "actively involved" in a program next year testing investors' understanding of mutual fund cost disclosures.
July 05, 2016
Big RIAs May Face Stress TestsThe SEC is working on a proposal to require stress tests for large investment advisors and investment companies, the agency's chief of staff says.
July 01, 2016
Enforcement: 'Frack Master' Charged With Taking $30M From InvestorsMeanwhile, an Omaha advisor was suspended and charged in a scam involving annuities.
June 30, 2016
Ex-billionaire Wyly’s Dallas mansion slipping away in courtWyly wants to keep the property under a Texas homestead law intended to keep people from winding up homeless after filing for Chapter 11 protection.
June 30, 2016
4 Useful Hacks for the SEC’s IAPD Disclosure SiteThese IAPD tips can be as valuable to you and your firm as they are to investors checking you out.