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 busts 2 for bilking terminally ill, blind seniors
By Melanie WaddellThe SEC levied charges against a broker and an advisor for scams targeting older clients.
August 04, 2014
Phoenix Companies settles with SEC on timetables filingsThe amended administrative order settles the SEC's administrative proceedings against Phoenix and and PHL Variable.
August 04, 2014
Firm Fined $70M for Stock, Note FraudA holding company, a brokerage firm and their CEO were fined for misrepresenting notes and stock they sold to unsophisticated investors.
August 01, 2014
SEC Enforcement: Smith & Wesson Fined $2 Million for BriberyIn more actions, a judge ordered Bank of America to pay $1.27 billion for a mortgage "hustle."
August 01, 2014
SEC Busts 2 for Bilking Terminally Ill, Blind SeniorsThe SEC fined one broker for his role in an annuity scam involving the terminally ill and another for stealing from blind and elderly clients.
July 28, 2014
SEC Issues Mutual Fund Prospectus Guide, Delays Annuity Summary PlanThe Securities and Exchange Commission recently released mutual fund guidance that advises registrants to reduce the length of the summary disclosure to three to four pages and to use plain English to explain disclosures.
July 28, 2014
Dodd-Frank: Four Years LaterAs the fourth anniversary of the Dodd-Frank Act's passage into law hit in late July, regulators and lawmakers aired their opinions about how the financial reform law is workingor not.
July 28, 2014
Harbinger Capital COO to Pay SEC Fine Over Falcone SchemePeter Jenson admits wrongdoing in scheme to misappropriate millions from a hedge fund they managed to pay Falcones personal taxes.