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, FINRA Enforcement: Advisor to NFL, NBA Players Barred Amid Fraud Case
By Marlene Y. SatterFINRA banned a former advisor to athletes, like Brandon Knight of the Detroit Pistons, after he skipped a hearing in an $18 million fraud case.
November 14, 2013
SEC: Don’t Use ‘Protected’ or ‘Guaranteed’ in Fund NamesThe regulatory body is heightening its scrutiny of funds that include the terms.
November 14, 2013
Banks' Bad Rap Dampens Advisor Recruiting: SIFMA PanelHow to overcome bad publicity and recruit a new crop of advisors was a hot topic in a breakout session at SIFMA's annual meeting.
November 13, 2013
No Firm Too Small to Escape Scrutiny, SEC Chief Tells SIFMASEC Chairwoman Mary Jo White spoke at SIFMA's annual meeting about admissions of guilt, the SEC's credibility problem and Volcker rule progress.
November 12, 2013
SEC Uses First-of-Its-Kind Deferred Prosecution AgreementDeal signals that "the agency will be pushing harder to proactively encourage people to come forward with evidence," lawyer Steve Crimmins says.
November 07, 2013
SEC Enforcement: RBS Securities to Pay $150M for Misleading InvestorsAmong other recent SEC actions was an emergency freeze order in a scheme involving phony investments in New Zealand dialysis clinics.
November 06, 2013
SEC’s White: ‘Unnoticed’ Enforcement Actions Can Have Big ImpactWhile CEO takedowns score big headlines, SEC chief Mary Jo White says, "literally thousands" of unsung cases are no less meaningful to keeping markets functional.
November 05, 2013
Former SEC Chairman Levitt: Mary Jo White a ‘Rock Star’ After SAC PleaInsider trading is still "pervasive," Arthur Levitt says, and he wouldnt have Steven Cohen as a client.