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 to Move Examiners From BDs to RIAs in 2016: Chief White
By Melanie WaddellAt SEC Speaks, Mary Jo White talks about shifting 100 examiners to RIAs and says she'll continue to develop support for fiduciary rule.
February 12, 2016
SEC Enforcement: Fake Broker Charged With Selling Phony Stock to Pay Gambling DebtIn another action, the SEC barred an advisor who was sanctioned by the state of New Hampshire over unsuitable recommendations of risky ETFs.
February 10, 2016
SEC Has ‘Open Investigations’ of Private Offerings to Accredited InvestorsThe SEC is investigating whether some issuers of private placements failed to properly vet accredited investors, Chairwoman Mary Jo White said.
February 08, 2016
Hedge Fund Attacks Texas REIT as ‘Ponzi-Like Scheme’Hedge fund manager Kyle Bass is shorting the United Development Funding IV REIT, which was sold by RCS Capital.
February 05, 2016
SEC to Release Third-Party Advisor Exam Rule in Spring: TDAI’s SchweissWriting a fiduciary rule that still allows proprietary product sales is an "impossible task" for the SEC, says TDAI's Skip Schweiss.
February 05, 2016
SEC Enforcement: Wells Fargo to Pay $1.2B on Mortgage FraudIn another action, a Miami brokerage will pay $1 million to settle anti-money laundering charges.
February 03, 2016
SEC Said to Be Shifting Examiners to RIAs; Jarcho Named Deputy Director of SEC ExamsIndustry officials expect the SEC to announce soon that it will shift more examiners to advisors from BDs.
February 02, 2016
SEC Fines 14 Firms for Muni Bond ViolationsBarclays, Janney Montgomery and Wells Fargo are among the firms fined.