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 Enforcement Roundup: Sister Charged With Illegally Tipping Off Brother
By Marlene Y. SatterAmong recent enforcement actions taken by the SEC were charges against a woman for illegally tipping her brother about quarterly earnings data from the firm she worked for.
April 17, 2013
Congress Must Fix Advisor Exams Now: SEC’s WalterThe switching of advisors from SEC to state oversight under the Dodd-Frank Act is not the final answer to ensuring advisors are adequately examined, SEC Commissioner Elisse Walter told state securities regulators.
April 17, 2013
SEC’s Aguilar: Predispute Mandatory Arbitration Denies Investors’ RightsA clients right to go to court to recover monetary damages is an important right that should be preserved and kept in the clients toolkit, SEC Commissioner Luis Aguilar told state securities regulators Tuesday.
April 16, 2013
First Investor Protection Test for SEC’s White: FINO Over Fiduciary?The Institute for the Fiduciary Standard argues that SEC assumptions would usher in the era of the FINOfiduciary in name only.
April 15, 2013
SEC, DOL must collaborate on ‘overlapping’ IRA fiduciary standards: attorney MasonThe two agencies are "constrained by and must follow very different statutory mandates," says Tittsworth of IAA.
April 15, 2013
SEC, DOL must collaborate on ‘overlapping’ IRA fiduciary standards: attorney MasonThe two agencies are "constrained by and must follow very different statutory mandates," says Tittsworth of IAA.
April 15, 2013
Trader Caught in Apple Stock ScamThe SEC on Monday charged a former employee at a Connecticut-based brokerage firm with placing unauthorized orders to buy nearly $1 billion in Apple stock, ultimately causing the firm to cease operations.
April 15, 2013
SEC, DOL Must Collaborate on ‘Overlapping’ IRA Fiduciary Standards: Attorney MasonThe failure of the SEC and DOL to collaborate on their overlapping fiduciary rules on IRA advice will render the SECs current cost-benefit analysis worthless, says Kent Mason of Davis & Harman.