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.
Advisor Barred for Claiming Fund Was ‘SEC Approved’
By Melanie WaddellRegistration does not mean approval, and the regulators view any suggestion to the contrary as materially misleading, Cipperman Compliance points out.
February 04, 2015
SEC officials say agency turned ‘Blind Eye’ to OppenheimerTwo members of the U.S. Securities and Exchange Commission blasted the agencys decision to spare Oppenheimer Holdings Inc.
February 04, 2015
SEC officials say agency turned ‘Blind Eye’ to OppenheimerTwo members of the U.S. Securities and Exchange Commission blasted the agencys decision to spare Oppenheimer Holdings Inc.
February 04, 2015
SEC Busts 3 Advisors for Falsifying State RegistrationsThe three firms claimed they did business in Wyoming, an unregulated state, while maintaining offices elsewhere, the SEC says.
February 03, 2015
SEC Names Grim Acting Director of Investment ManagementDavid Grim has served as deputy director of the division for the past two years.
February 02, 2015
Is a ‘Presence Exam’ in Your Future, RIA?SEC exam chief Andrew Bowden said at a January hedge fund conference in New York that the agency's Office of Compliance Inspections and Examinations will use the presence exams that it used to audit newly registered private fund advisors on never-examined advisors in 2015.
February 02, 2015
Don’t Be Complacent About ComplianceThis year is the second full year of a new, aggressive SEC regulatory regime. Has the majority of the advisory community taken heed? Unfortunately not.
February 02, 2015
SEC Would Hire 431 Under Obama’s 2016 BudgetThe new hires would come in addition to the 105 examiners the SEC plans to hire in fiscal 2015.