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 Enforcement: Wells Fargo to Pay $1.2B on Mortgage Fraud
By Marlene Y. SatterIn another action, a Miami brokerage will pay $1 million to settle anti-money laundering charges.
February 01, 2016
FINRA, SEC to Get New Execs in 2016New faces will be showing up this year at FINRA and the SEC.
February 01, 2016
DOL Fiduciary Rule Could Arrive by AprilWhile DOL was putting finishing touches on its rule to retool the definition of fiduciary under ERISA, regulators for BD and advisory industries unleashed their exam priorities for the new year.
February 01, 2016
Is Your Advertising Prohibited?Under Rule 206(4)-1(a)(1) of the Investment Advisers Act of 1940, advisors may not use client testimonials, directly or indirectly, in their advertising.
February 01, 2016
Barclays, Credit Suisse Fined $154M Over Dark Pool ViolationsThe SEC and the New York Attorney General slammed the firms for making misrepresentations about their trading venues to investors.
January 29, 2016
2015 spurred billions in bank fines, but not enough for WarrenIn a report, the U.S. Senators staff cited 20 cases in which they say prosecutors showed timidity by not pursuing individuals for civil or criminal misdeeds.
January 29, 2016
Enforcement: Hedge Fund to Repay Nearly $3M for Hiding Losses From InvestorsGoldman Sachs was censured and fined $15M by the SEC for violating Regulation SHO.
January 27, 2016
SEC’s Former IM Director Champ to Join Kirkland & EllisSince leaving the Commission, Champ has criticized the SECs planned rule to require third-party advisor audits.