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, DOL Fiduciary Rules Will Likely Be Different, White Says
By Melanie WaddellWhile it's "without question" that the SEC is working on a uniform fiduciary rule, it likely won't mirror DOL's rule, SEC Chairwoman White said.
March 15, 2016
SEC Fines Muni Advisor in Dodd-Frank Fiduciary CaseThe SEC fined a Prairie Village, Kansas-based firm for failing to disclose conflicts to a municipal client.
March 14, 2016
SEC Fines 3 AIG Advisor Group BDs $9.5M on Excess Fund FeesSagePoint, Royal Alliance and FSC Securities steered mutual fund clients into more expensive share classes and collected $2 million in fees, the SEC says.
March 11, 2016
SEC Officials Butt Heads Over Third-Party Advisor AuditsAt IAA conference, two competing approaches to increasing advisor exam frequency: shifting BD examiners to RIAs or third-party audits.
March 11, 2016
Enforcement: SEC Unmasks Fund Manager’s Criminal Past; RIA Ordered to Hire CCOAlso, FINRA nails Arizona broker for making unsuitable recommendations to 12 customers, primarily retirees.
March 10, 2016
PATH Act: New Tax Rules for Businesses for 2015 Returns, 2016 PlanningThe PATH Act, signed into law on Dec. 18, contains more than 100 tax provisions. Here is a roundup of the key provisions for businesses.
March 10, 2016
Why SEC Fiduciary Rule May Be ‘Unattainable’Dueling divisions and split commissioners complicate this rulemaking, former SEC executive Bob Plaze says.
March 09, 2016
Cyprus Firm, Founder to Pay $11M to SEC, CFTC Over Binary Options SalesBanc de Binary, its founder and three affiliates failed to register as a broker-dealer before communicating directly with U.S. clients, the SEC says.