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 Names Bowden Deputy Director of Exam Division
By Melanie WaddellThe SEC announced Wednesday that Andrew J. Bowden has been named deputy director of the agencys Office of Compliance Inspections and Examinations (OCIE).
September 10, 2012
SEC Charges 3 Brokers for Churning, Costing Clients $2.7 MillionThe SEC said Monday that it has charged three former brokers at an Atlanta-based brokerage firm, JP Turner & Co., for churning the accounts of customers with conservative investment objectives, causing the customers to lose $2.7 million.
September 07, 2012
Nearly Half of U.S. AUM in Hands of ‘Red-Flagged’ Advisors: ReportAn increasingly litigious society makes it harder for investment advisors to maintain a spotless record.
September 06, 2012
Is SEC Really Too Cozy With Wall Street?Revelations of the close ties between a former SEC commissioner and key SEC policymakers are reviving questions about a so-called revolving door in which the lure of future high-paying jobs may improperly influence government decisions.
September 06, 2012
SEC Enforcement Roundup: Radio Financial Guru ChargedRecent SEC enforcement actions include charges against a California man who tipped off a hedge fund manager with inside information and a radio personality who misled investors about an investing plan.
September 05, 2012
Kicking SEC’s Fiduciary Efforts Back Into GearBarbara Roper of the CFA and others discussed ways to get the SEC to move forward on proposing a fiduciary rule on a conference call Wednesday.
August 31, 2012
SEC Issues Risk Alert on Pay-to-Play PracticesJust in time for election season, the SEC issued Friday an alert to strengthen compliance with an MSRB rule that limits political contributions by municipal securities professionals to campaigns of public officials.
August 30, 2012
Investors Lack Basic Financial Literacy Skills: SEC StudyRetail investorsparticularly minorities and the elderlyfail to understand concepts such as compound interest, inflation or the differences between stocks and bonds, according to a just-released study by the SEC and the Library of Congress.