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.
Enforcement: Alleged Fraudster Used Dating Site to Find Victims, SEC Says
By Marlene Y. SatterIn another action, two California-based municipal advisory firms were charged with deceiving five California school districts.
June 15, 2016
Court of Appeals Affirms SEC’s Reg A+, Rejecting States’ ArgumentsMassachusetts and Montana regulators argued that the "qualified purchaser" definition fails to protect investors.
June 14, 2016
No SEC Fiduciary Rule Till After Obama Departs: SEC Chief WhiteSEC will watch unfolding of DOL fiduciary rule to see if a conflict develops, the SEC chief tells Senate Banking Committee.
June 13, 2016
Silicon Valley's Audacious Plan to Create a New Stock ExchangeThe author of The Lean Startup and his team are in early talks with the SEC.
June 10, 2016
Enforcement: Advisor Steered $11.5M of Client Money to His Own CompaniesMeanwhile, childhood friends were charged by the SEC with insider trading in deal targets being pursued by the pharmaceutical company where one of them worked.
June 09, 2016
House Panel Votes to Give SEC $1.5B in 2017; Hensarling Looks to End Dodd-FrankAmount is less than requested by Obama; also Rep. Jeb Hensarling floats ending Dodd-Frank under Financial CHOICE Act.
June 09, 2016
SEC Pays Out $17M Whistleblower AwardWhistleblower "provided high-quality information that led to sanctions against a major player in the financial markets," says whistleblower's lawyer.
June 08, 2016
Morgan Stanley Hit by SEC for Cybersecurity ViolationsMorgan Stanley employee "impermissibly accessed and transferred customer data" regarding 730,000 accounts, which was ultimately hacked by third parties.