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.
Wells Fargo Fined $5M Over Advisor’s Insider Trading, Altered Document
By Janet LevauxSEC says Wells Fargo Advisors was slow to release required compliance documents and "altered" one related to sales of Burger King stock.
September 19, 2014
SEC, CFPB Enforcement: AgFeed Fined $18M for Fattening Its Stock PriceMeanwhile, the CFPB sued for-profit chain Corinthian Colleges for predatory lending, and a hedge fund manager was charged with pocketing extra fees.
September 18, 2014
Insider Trader Mostly Unfazed by Co-Worker's Insider Trading ArrestWe present for your reading pleasure: the worst way to insider trade.
September 17, 2014
SEC Hits New York HFT Firm With Biggest-Ever Net Capital FineThe SEC has fined a high-frequency trading firm $16 million, the largest penalty ever for a net capital violation.
September 16, 2014
SEC Cracks Down on 19 Firms, 1 Trader for Short Selling Prior to Stock OfferingsAn SEC dragnet of short sellers has hauled in 19 firms and one trader, costing the violators $9 million in disgorgement, interest and penalties.
September 12, 2014
SEC Creates New Office of Risk AssessmentSEC created new Office of Risk Assessment to help provide data-driven risk assessment tools and models to support a wide range of SEC activities.
September 11, 2014
House Delays Vote on Bill to Fund Government, SECVote delayed to discuss anti-ISIS funding for Syrian rebels; SEC's White tells Senate of the "immediate and pressing" need for funds for advisor exams.
September 09, 2014
SEC Busts Hedge Fund’s Fake Research, Soft Dollar ScamThe SEC charged a Minneapolis-based firm with bilking investors out of more than $1 million using fake research expenses and fees.