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: Self-Directed IRA Custodian Ignored Red Flags in 2 Schemes
By Emily ZulzThe Ohio-based IRA provider is accused of ignoring red flags in one scheme targeting churchgoers and another targeting real estate investors.
June 12, 2015
SEC Seeks Comments on Listing, Trading of New, Complex ETFsThe agency has seen a big increase in requests to approve novel exchange-traded products and is concerned about effects on retail investors.
June 12, 2015
SEC Enforcement: Phony Hedge Fund Manager Charged With Duping Small Businesses Out of $4MIn another action, a Canadian trader has agreed to settle SEC charges in a short-selling scheme.
June 10, 2015
House Panel to Keep SEC Budget Flat as Lobbyists Lose Hope on User FeesThe advisory industry needs to move on to other [exam] options like third-party audits and raising the AUM threshold for state-examined advisors, says TD's Schweiss.
June 09, 2015
SEC Loses Fraud Case Against Robare GroupJudge dismisses fraud charges related to conflicts of interest against the Houston-based firm.
June 05, 2015
SEC Enforcement: Court Fines Advisor for Misleading Clients Into Switching FirmsMeanwhile, SEC charges four with posing as portfolio managers to steal inside information and then trading on it.
June 04, 2015
Mercatus’ Peirce Said to Be Leading Candidate for SEC SeatHester Peirce, a fellow at George Mason Universitys Mercatus Center, is the leading candidate to replace Commissioner Daniel Gallagher, sources say.
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.