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 Gives Compliance Officer $1M Whistleblower Award
By Melanie WaddellThe whistleblower is set to receive between $1.4 million and $1.6 million for reporting "imminent misconduct."
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.
April 14, 2015
Army Vet Posed as Broker to Bilk Soldiers, SEC SaysLeroy Brown Jr., an Army veteran, is accused of luring service members and other investors with false guarantees to double or triple their money.
April 10, 2015
SEC chief: fiduciary, third-party audit rules to advance this yearSEC will discuss making rules this year on third-party advisor audits and a uniform fiduciary standard, SEC chief Mary Jo White said.
April 10, 2015
SEC chief: fiduciary, third-party audit rules to advance this yearSEC will discuss making rules this year on third-party advisor audits and a uniform fiduciary standard, SEC chief Mary Jo White said.
April 09, 2015
SEC to RIAs: Beware the Ides of ‘May’Recent SEC enforcement actions should prompt advisors to review their Form ADV for a potentially dangerous wordmayrelating to compensation and conflicts of interest.