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.
Will SEC Fiduciary Rule Address ‘Best Execution’ Quandary? Probably Not
By Nicolas MorganWhile rulemaking would be the best approach, the SEC will continue to address through enforcement advisors' fund share class selection and so-called best execution duties.
January 15, 2016
Steve Cohen Will Be Back in 2018. That's Good.Since shuttering SAC, his Point72 family office has far outperformed, so maybe hes good for the industry and investors even without the alleged insider trading.
January 15, 2016
SEC Slams RIA for 12b-1 ViolationsAdvisors at Everhart Financial Group "nearly always" invested non-retirement individual advisory accounts in shares that charged a 12b-1 fee, the SEC says.
January 14, 2016
Goldman Fined $15M by SEC Over Reg SHO Violations"The requirement that firms locate securities before effecting short sales is an important safeguard against illegal short selling," said SEC's Ceresney.
January 11, 2016
SEC’s Top Exam Priorities for 2016SEC examiners will zero in this year on several new areas.
January 08, 2016
SEC Bars Steven Cohen From Managing Money Until 2018Cohen, the former head of SAC Capital, gets a two-year supervisory bar and increased oversight for failing to supervise a portfolio manager's insider trading.
January 08, 2016
SEC Warns Advisors to Pay Closer Attention to 12b-1, Distribution FeesA recent exam sweep prompted the SEC to issue guidance on how advisors and funds can avoid mischaracterizing distribution fees, including 12b-1 fees.
January 06, 2016
JPMorgan to pay $4 million to settle SEC case over broker payJP Morgan falsely stated that employee pay was based on clients performance and that no commissions were paid.