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.
Outgoing SEC Commish’s Chief of Staff Named to Credit Rating Post
By Melanie WaddellSmeeta Ramarathnam, Luis Aguilar's chief of staff, will work in the Office of Credit Ratings; Commissioner Gallagher plans to leave by Oct. 2.
August 25, 2015
SEC Finds Shady Practices in BDs' Structured Product SalesExaminers found suitability violations including heavy sales to customers who were elderly, didn't speak English or had a conservative investment objective.
August 21, 2015
Arthur Levitt: SEC Deadlocked on Fiduciary, Advisors Need DOL RuleAs the Investment Advisers Act turns 75, ex-SEC Chairman Arthur Levitt, CFAs Barbara Roper and more discuss why the industry needs a strong fiduciary standard.
August 20, 2015
Citigroup in Hot Water Again With SEC, NY Attorney GeneralCitigroup Global Markets must pay the SEC a $15 million penalty for failing to supervise trades and repay New York customers for investment fee overcharges.
August 19, 2015
Sons of Indicted Swiss Financial Adviser Keep Business in the FamilyAfter his indictment, Josef Becks directors formed another company to manage money for American citizens, records show.Photographer: Jason Alden/BloombergA few weeks after his indictment, Josef Becks directors formed another company to manage money for American citizens, records show
August 13, 2015
SEC Hits Edward Jones With $20M Fine Over Muni Bond OverchargesFirm settles on SEC fraud charges that it overcharged customers on new municipal bond sales.
August 13, 2015
SEC use of administrative judges dealt setback: business of lawA U.S. District judge ruled the SEC's appointing of in-house judges is likely unconstitutional.
August 13, 2015
SEC use of administrative judges dealt setback: business of lawA U.S. District judge ruled the SEC's appointing of in-house judges is likely unconstitutional.