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 Floats Compensation Clawback Rules
By Emily ZulzSEC seeks comments on rules that would require companies to claw back incentive-based executive compensation that later is shown to have been awarded in error.
June 30, 2015
Buddy Donohue, Back at SEC, Could Boost Chances of VA Summary Prospectus RuleFormer SEC Commissioner Troy Paredes says there's "opening for movement" on such a rule.
June 29, 2015
Familiar Face Returns to SEC as Two Commissioners Plan ExitA familiar face with deep roots on Wall Street has returned to the Securities and Exchange Commission to help the agency draft its fiduciary rulemaking just as two agency commissioners are planning to exit.
June 29, 2015
Defining ‘Best Interest’ Standard in Fiduciary Debate a Head ScratcherTwo industry trade groups and the Financial Industry Regulatory Authority came out recently with uniform best interest standards in an attempt to squelch what they say will be competing fiduciary plans to be issued by the Department of Labor and the Securities and Exchange Commission.
June 29, 2015
PE Firm KKR to Pay SEC $30M for Misallocating ‘Broken Deal’ ExpensesThis is the first SEC case to charge a private equity advisor with misallocating broken deal expenses, said SEC's enforcement chief.
June 26, 2015
SEC Enforcement: Oil CEO Charged With Bilking Investors via Spam EmailsMeanwhile, the microcap promoter who got in trouble for a pump-and-dump scheme involving Daniel Rudy Ruettiger's company is in the SEC's sights again.
June 26, 2015
Senators Think Stock Buybacks Might Be ManipulativeSome politicians, like Sens. Elizabeth Warren and Tammy Baldwin, think that stock buybacks are bad and that the SEC should forbid them as market manipulation.
June 23, 2015
SEC Busts Firms in $79M Immigration SchemeThe SEC charged two firms with illegally brokering more than $79 million of investments from foreigners seeking U.S. residency through the governments immigrant investor program.