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.
Advisor Accused of Stealing From Widowed Aunt Faces Fraud Charges
By Melanie WaddellScott Mason misappropriated $20 million from 13 clients, according to the SEC.
January 15, 2025
Musk Accused by SEC of Cheating Twitter Investors Out of MillionsThe billionaire cheated Twitter shareholders out of more than $150 million, the SEC alleges.
January 13, 2025
Robinhood to Pay $45M to Settle SEC ClaimsRobinhood "failed to observe a broad array of significant regulatory requirements," the SEC says.
January 13, 2025
Schwab, 11 Other Firms to Pay $63M in SEC Texting CrackdownEmployees used personal devices to communicate internally and externally by text messages, the SEC said.
January 10, 2025
Ex-WWE CEO Vince McMahon to Settle SEC Case for $1.7MMcMahon hid hush-money settlements he negotiated, leading to incorrect financial statements, the SEC says.
January 02, 2025
RIA to Pay $115K Fine Over Custody Rule ViolationsDriftwood Advisors failed to timely distribute audited statements to investors in pooled vehicles it advised, the SEC states.
December 20, 2024
Wells Fargo and LPL to Pay $1.8M to Settle SEC ChargesEach firm agreed to pay a $900,000 penalty for failing to provide complete and accurate trading information.
December 18, 2024
FINRA Awards $4.8M to Baird in Raymond James Poaching DisputeThe payments represent only a fraction of the $74 million in damages sought by the wealth management firm.