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 Loses Fraud Case Against Robare Group
By Danielle AndrusJudge dismisses fraud charges related to conflicts of interest against the Houston-based firm.
June 03, 2015
SEC Warns of Advisors Duping Investors With Fake CredentialsThe SEC warned investors Wednesday to perform thorough background checks and brought two actions against advisors for falsifying credentials.
June 02, 2015
Sen. Warren Slams SEC Chief for ‘Broken Promises’Sen. Elizabeth Warren, D-Mass., lambasted SEC Chairwoman White in a 13-page letter about her broken promises of agency action on major consumer protection issues.
June 02, 2015
Warren says SEC chair White’s tenure ‘extremely disappointing’White has failed to address conflict-of-interest concerns related to her husbands work as an attorney, Warren wrote.
June 01, 2015
The SEC ‘Hasn't Been Doing Its Job for a Long Time’: Brian HamburgerIn a wide-ranging session at the Envestnet Advisor Summit in Chicago in early May, MarketCounsel's Brian Hamburger argued that one of the main regulatory and compliance issues facing advisors is the regulators themselves.
June 01, 2015
SEC Charges Advisor With Bilking Retired Teachers, Police Chief, PastorThe Miami-based advisor of the Sterling Investment Fund must pay more than $748,000 in disgorgement and face criminal charges, the SEC says.
June 01, 2015
SEC Hits Merrill for $11 Million Over Faulty Short-Sale OrdersTwo Merrill entities admitted to using inaccurate, old data when executing short-sale orders for customers.
May 28, 2015
SEC’s Former IM Director Returns to Help Craft Fiduciary RuleAndrew "Buddy" Donohue's "deep knowledge of asset management will be especially useful" as the SEC considers a uniform fiduciary standard, said Chairwoman Mary Jo White.