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.
Ex-CFO at Schorsch-Related REIT Arrested
By Janet LevauxThe SEC and U.S. Attorney took action against Brian Block while pressing charges against Lisa McAlister, who has pleaded guilty.
September 02, 2016
Enforcement: Lawyer Bilked Pro Athletes to Pay Alimony, Credit Cards, SEC SaysIn another action, FINRA fined Morgan Stanley for failing to stop a client's Ponzi scheme.
September 01, 2016
Third-Party Advisor Exam Rule May Come Before Election: Ex-SEC OfficialEnhanced liquidity risk measures for mutual funds may also be in the offing, former SEC Investment Management head Norm Champ says.
August 30, 2016
SEC Overstepped Authority in Retroactive Civil Fine Hike: LawyersSEC overstepped its authority by embracing a retroactive civil monetary penalty fee hike that could spark lawsuits, securities attorneys warn.
August 30, 2016
SEC Doles Out $22M Whistleblower AwardThe SEC has awarded more than $22 million to a whistleblower whose detailed tip and extensive assistance helped the agency halt a well-hidden fraud.
August 26, 2016
SEC Takes Aim at Performance That’s Just Too Good to Be TrueSEC will require RIAs to document their performance numbers, and disclose more about their use of separate accounts, including derivatives.
August 25, 2016
13 Firms Fined for Advertising F-Squared’s False Performance ClaimsPenalties range from $100,000 to a half-million dollars based upon the fees each firm earned from F-Squareds AlphaSector-related strategies.
August 24, 2016
SEC Smacks 71 Municipal Issuers for Muni Bond ViolationsThe issuers sold muni bonds using offering documents that contained materially false statements or omissions about their compliance with continuing disclosure obligations.