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 Enforcement: Man of Many Aliases Charged With Stock Fraud
By Marlene Y. SatterCalifornia man with several aliases was charged with fraudulently selling $900,000 worth of stock that he didn't actually own.
November 25, 2014
Fiduciary rule among SEC’s 2015 prioritiesAgency releases FY2014 financial report; SEC divisions with fiduciary rule duties have submitted separate recommendations.
November 24, 2014
Examiners Get ToughUnderstanding the inner workings and pressures on the SEC is valuable to advisors, but RIAs are mostly worried about SEC examinersand they should be, according to Tom Giachetti, chair of the securities practice group at Stark & Stark. Theyre assuming youre doing something wrong, said Giachetti of SEC examiners under...
November 24, 2014
White Promises ‘Clarity’ on FiduciaryWhile SEC Chairwoman Mary Jo White said in mid-November that the agency had not yet decided whether to do something or what to do regarding a fiduciary rulemaking, White said she planned to provide clarity as to her position regarding a uniform fiduciary rule in the short term.
November 24, 2014
The SEC Is BrokenA decades-old law and the origin of new commissioners stymies consensus building and rulemaking at the Securities and Exchange Commission.
November 21, 2014
Millionaires do not need protection: SEC’s GallagherSEC chief insists accredited investor definition will be reviewed; Commissioner Gallagher says, "Millionaires can fend for themselves."
November 21, 2014
Enforcement Roundup: Madoff Recovery Total Hits $10 BillionMeanwhile, the SEC suspended trading of four companies over concerns about their Ebola remedy prospects.
November 20, 2014
Millionaires Do Not Need Protection: SEC’s GallagherSEC chairwoman insists accredited investor definition will be reviewed; Commissioner Gallagher says millionaires can fend for themselves.