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.
4 Apollo Advisors to Pay SEC $52M Over Failure to Disclose Fees, Conflicts
By Melanie WaddellFour private equity fund advisors affiliated with Apollo Global Management misled investors and failed to supervise a senior partner's charges to the funds, SEC said.
August 15, 2016
SEC Charges Hedge Fund Manager in Scheme Involving Terminally IllDonald Lathen allegedly paid 60 patients $10,000 each to use their names on accounts, redeeming their investments after they died.
August 12, 2016
Enforcement: Advisor Inflated AUM, Stole From Client, SEC SaysMeanwhile, the SEC fined a company for its anti-whistleblower policy.
August 10, 2016
SEC Charges Ex-NFL Player With Defrauding Former Coaches, ElderlyThe player cheated seniors and coaches, donors, alumni and employees of schools out of $10 million, the SEC said.
August 10, 2016
SEC Names Snyder Co-Head of Advisor ExamsSynder joins Jane Jarcho in OCIE to help oversee more than 520 lawyers, accountants and examiners.
August 09, 2016
Advisor’s Challenge to SEC In-House Judges Fails in DC CircuitA federal court on Tuesday rejected an investment advisors challenge to the constitutionality of the SEC's administrative law judges.
August 05, 2016
SEC Charges Cardiologist in Biotech Drug Trial With Insider TradingDr. Edward Kosinski, the lead investigator in a heart drug trial, shorted the biotech firm's stock before bad news became public, the SEC said.
July 29, 2016
SEC Enforcement: Fake Brokers Charged With Taking $5M From Clients, Going to PradaIn another action, two former brokers were charged with taking client money and hiding their disciplinary histories.