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 Proposes Executive Comp Disclosure Rules
By Melanie WaddellThe proposed rules are out for a 60-day comment period.
April 28, 2015
BofA Said to Face SEC Probe Over Customer Protection RulesBank of America is being investigated by the SEC over whether it broke rules designed to safeguard customer accounts, according to the Wall Street Journal.
April 24, 2015
SEC Gives Compliance Officer $1M Whistleblower AwardThe whistleblower is set to receive between $1.4 million and $1.6 million for reporting "imminent misconduct."
April 24, 2015
Enforcement: Deutsche Bank to Pay $2.4B Over LIBOR ManipulationMeanwhile, RBC will pay $1.4 million to FINRA for failing to follow its own guidelines, resulting in unsuitable sales.
April 20, 2015
SEC Fines BlackRock Over Energy Fund Manager Who Owned Oil CompanyBlackRock Advisors will pay $12 million for not disclosing that a top manager's portfolio was heavily invested in a venture he had a stake in.
April 17, 2015
SEC OKs ‘Breakthrough’ 3-Tier Fund-of-Funds StructureThe SEC will allow Franklin Templeton to use a three-tier fund-of-funds structure, a move that one compliance firm says is a breakthrough.
April 17, 2015
SEC, FINRA Enforcement: Boiler Room Scheme Targeting Older Investors BustedThe SEC also barred an accounting officer who cost his company hundreds of millions of dollars in unauthorized trading and loans.
April 16, 2015
SEC Charges Ex-JPMorgan Advisor With Stealing $20M From ClientsMichael Oppenheim told clients he would buy them safe muni bonds but instead lost their money in "highly unprofitable" options trading, the SEC said.