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.
Will SEC Spend 5 More Years Mulling Fiduciary Rule?
By Melanie WaddellThe SEC said Monday that it would continue to analyze over the next five years whether to write a fiduciary rule for brokers.
January 30, 2014
SEC, FINRA Enforcement: Money Manager Fined for False AdvertisingAlso, FINRA hit Banorte-Ixe Securities for failure to act when a client with reported drug cartel ties made $28 million in transfers.
January 30, 2014
SEC issues risk alert on alternatives due diligenceSome advisors are performing more due diligence, but there are still areas for improvement.
January 30, 2014
SEC issues risk alert on alternatives due diligenceSome advisors are performing more due diligence, but there are still areas for improvement.
January 29, 2014
SEC to Keep Close Eye on Advisors Who Are ‘Highly Successful’ at RolloversThe goal is to see whether there is an abuse of rollovers, says Kevin Goodman, national associate director of the SEC's BD exam program.
January 28, 2014
SEC Issues Risk Alert on Alternatives Due DiligenceThe SEC is warning advisors to be careful when recommending alternative investments like hedge funds, private equity funds or funds of private funds.
January 27, 2014
SEC Chief: Rule Priorities in ’14 Include Money Market Funds, CrowdfundingFiduciary rule fails to make the list, but SEC Chief White talks up a new exam tool that can analyze millions of transactions a day.
January 24, 2014
KPMG to Pay SEC $8.2M to Settle Independent Auditor ViolationsKPMG broke auditor independence rules by providing prohibited non-audit services to affiliates of companies whose books they were auditing.