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.
Court Rules There’s No 180-Day Limit on SEC Investigations
By Nicolas MorganAn appellate court has agreed with the SECs self-serving interpretation that Dodd-Frank's 180-day Wells notice limit was not an enforceable limit at all.
July 17, 2015
SEC Awards $3M to Whistleblower Who Helped Crack ‘Complex Fraud’The whistleblowers specific and detailed information laid out a scheme that would have been very difficult to detect, the SEC said.
July 17, 2015
SEC Enforcement: Napkin-Eating Broker Settles; Ponzi Funds Used for PornAlso, a hedge fund manager admits to providing bad data, which affected recording of 552 million shares.
July 10, 2015
Enforcement: Chase to Pay $136M Over Debt Collection PracticesMeanwhile, FINRA barred five brokers for a sham private placement offering.
July 09, 2015
Bill Allows SEC to Greatly Boost FinesSEC Penalties Act increases the per-violation cap for serious offenses to $1 million per violation for individuals and $10 million for firms.
July 09, 2015
Presidential Candidate O’Malley Unleashes Wall Street Crackdown ManifestoThe 10-page manifesto by former Gov. Martin O'Malley of Maryland promises to boost regulators' budgets and punish misbehaving banks more harshly.
July 07, 2015
8 Top Concerns of SEC Investor AdvocateMillennials, fiduciary duty and retirement readiness are on the investor advocates policy agenda for fiscal year 2016.
July 02, 2015
SEC Enforcement: AlphaBridge Capital, Deloitte & Touche ChargedSEC charged a hedge fund with a fraudulent fund valuation scheme; Deloitte & Touche hit with violating auditor independence rules.