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, DOL Enforcement: Cohen’s SAC Capital Faces Criminal Charges
By Marlene Y. SatterThe SAC Capital insider trading scandal featured in enforcement actions this week, along with SEC charges against the City of Miami and a DOL settlement with the trustee of a defunct garment companys pension plan.
July 23, 2013
After Bitcoin Ponzi Scheme Charge, SEC Warns of Virtual Currency ScamsFollowing charges it leveled against Trendon Shavers for Bitcoin Ponzi scheme, SEC warns investors about fraudulent investment schemes involving virtual currencies.
July 23, 2013
Disclosure of CEO-to-worker pay may be soonThe rule would require reporting CEO compensation as a multiple of median-worker pay.
July 23, 2013
Disclosure of CEO-to-worker pay may be soonThe rule would require reporting CEO compensation as a multiple of median-worker pay.
July 23, 2013
SEC fiduciary rule unlikely in Dodd-Frank’s third yearThis year might not see a uniform fiduciary rule, but it could see the first SIFI designation of an asset management firm.
July 22, 2013
SEC Fiduciary Rule Unlikely in Dodd-Frank’s Third Year of LifeAdvisors, including Harold Evensky, and industry officials are increasingly pessimistic that the year will bring a uniform fiduciary rule. However, the first designation of an asset management firm as systemically important could be coming soon.
July 22, 2013
SEC Charges SAC Capital’s CohenThe SEC on Friday charged hedge fund advisor Steven Cohen, founder of SAC Capital Advisors, with failing to prevent two portfolio managers from insider trading.
July 19, 2013
GAO Suggests Requiring RIA Advice for Accredited InvestorsA GAO study recommends that the SEC require more liquid investments in private offerings or the use of an RIA for guidance as preferred means of protecting accredited investors.