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.
Bank of America Granted Penalty Relief After SEC Compromise
By Robert Schmidt, Dave Michaels, BloombergThe SEC has resolved an impasse over punishing Bank of America in a mortgage case, clearing the way for a $16.7 billion global settlement.
November 10, 2014
SEC’s White to Provide ‘Clarity’ on Her Fiduciary StanceWhere does SEC Chairwoman Mary Jo White stand on a uniform fiduciary rule? No one knows, but that may soon change.
November 07, 2014
SEC, DOL Enforcement: Ex-Mayor Fined for Misleading Movie Studio InvestorsMeanwhile, two Canadian citizens were charged with conducting an international microcap fraud scheme.
November 04, 2014
‘Timing Discrepancy’ Gives SEC Filing Subscribers Unfair Advantage: SenatorsTwo senators called on the SEC to act after a study found paying subscribers can get corporate filings about 40 seconds before the public.
November 03, 2014
SEC Sanctions Schwab, TD Ameritrade, 11 Others on Puerto Rican Junk Bond SalesThe SEC Monday sanctioned 13 firms under MSRB's minimum investment rule intended to keep retail investors out of higher-risk offerings.
October 31, 2014
Dodd-Frank Rulemaking Like ‘Shoveling Manure’: SEC’s GallagherThe SEC won the Dodd-Frank booby prize, and we are still paying the price over four years later, said SEC Commissioner Daniel Gallagher.
October 30, 2014
SEC Enforcement: Layne Christensen Fined $5M on Bribery ChargeMeanwhile, the SEC sanctioned Florida-based auditor Eliot Berman for violating federal laws and regs.
October 29, 2014
SEC Charges Sands Brothers With Custody Rule ViolationsSEC charged Sands Brothers and three of its top officials, including its CCO, with failing to provide timely statements on the firms private funds.