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: Accountant Bet Client’s Money at Client’s Casino
By Matt LevineThe SEC found that Deloitte LLP's chief risk officer accepted tens of thousands of dollars in casino markers while advising the casino's audit.
May 21, 2014
Thomas Giachetti, Stark & Stark’s Legal Celebrity: The 2014 IA 25 ProfileTim Welsh of Nexus Strategy likes to call Giachetti the only celebrity securities attorney, but Giachetti says he never wanted to be a lawyer.
May 21, 2014
Gallagher: SEC fiduciary rule won’t ‘stave off’ DOL redraftThe rerelease of a DOL rule proposal is a very real issue, and we have to take it into account, SEC Commissioner Daniel Gallagher said.
May 20, 2014
Gallagher: SEC Fiduciary Rule Won’t ‘Stave Off’ DOL RedraftFolks have said do a rulemaking because it will stave off Labor. I dont like rulemaking to stave off other people, says SEC's Gallagher.
May 19, 2014
Advisor barred for hiding astrology-based investment strategyAmong recent enforcement actions, the SEC barred an investment advisor who failed to tell his clients that he used astrology to determine his investment strategy.
May 19, 2014
Advisor barred for hiding astrology-based investment strategyAmong recent enforcement actions, the SEC barred an investment advisor who failed to tell his clients that he used astrology to determine his investment strategy.
May 19, 2014
Fiduciary Will Stay on SEC Agenda ‘Until It’s Solved’But being on the agenda and getting it done are two different things, says SECs trading and markets director, Steve Luparello.
May 16, 2014
It pays to fight back against SEC, FINRANearly half of advisors, BDs and their reps that chose to litigate got off lighter than if they had settled, according to a Sutherland survey.