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 variable annuity scam targeting terminally ill
By Melanie WaddellTwo brokers, an advisory firm and several others conducted an elaborate death benefits scam, a regulator says.
March 10, 2014
SEC to Muni Violators: Self-Report, or Face Tougher SanctionsThe SEC on Monday encouraged issuers and underwriters of municipal securities to self-report violations under a new continuing disclosure initiative.
March 06, 2014
Advisor Groups ‘Working Hard’ to Get Senate User Fees BillAdvisor groups lobby for bipartisan Senate bill as House bill languishes and FINRA remains committed to gaining oversight of advisors.
March 05, 2014
SEC Levies Largest Short Selling SanctionA Long Island-based proprietary trading firm and its owner have agreed to pay $7.2 million for Rule 105 short selling violations.
March 05, 2014
SEC gets 26% funding boost under Obama’s 2015 budgetSEC wants to use funds to add 316 examiners, 240 devoted solely to advisors.
March 04, 2014
SEC Gets 26% Funding Boost Under Obama’s 2015 BudgetChief White praised the plan, but IAA's David Tittsworth said coming midterm election make the budget even more irrelevant than in most other years.
February 25, 2014
SEC: Banker Made Insider Trades in Accounts of Ex-Wife, Father to Pay Child SupportThe banker faces criminal charges and an account freeze. The SEC says he made nearly $1 million in illegal profits.
February 24, 2014
SEC Reveals Its 2014 Exam and Enforcement PrioritiesOfficials at the Securities and Exchange Commission have ushered in an era of more transparency, parting the curtain for advisory firms on what theyll be scrutinizing as well as which rulemakings are priorities this year.