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 Roundup: Former Detroit Mayor, Movie Producer Charged
By Marlene Y. SatterAmong those finding themselves recently on the wrong end of an SEC action were a movie producer, former Detroit mayor Kwame Kilpatrick and a Shanghai-based auditing firm.
May 07, 2012
SEC’s Schapiro Plans Tuesday Meeting on Corporate Political SpendingSEC Chaiwrman Mary Schapiro has agreed to meet Tuesday with a bipartisan group of organizations to hear demands that it take on what activists say is the rise of secret corporate spending in elections.
May 04, 2012
Blow to Morgan Keegan as Appeals Court Tosses Out Ruling Against SECDecision by the U.S. Court of Appeals vacated a lower courts summary judgment against the SEC in a case involving Morgan Keegans handling of auction rate securities.
May 04, 2012
SEC Enforcement Roundup: Former Morgan Stanley Exec Charged; Mother-Daughter ScamRecent enforcement actions by the SEC include charges against a former Morgan Stanley executive for violation of the Foreign Corrupt Practices Act and a mother and daughter and their attorney in a penny stock scheme.
May 01, 2012
SEC Names Canellos Deputy Director of EnforcementThe SEC has appointed George Canellos, the current director of its New York regional office, as deputy director of the Division of Enforcement.
April 27, 2012
SEC’s Aguilar to IAA: SRO Is Still ‘Not the Best Choice’The commissioner tells the IAA that he also believes in the strictest definition of fiduciary and sees his role as protecting the interests of "hardworking" investors.
April 27, 2012
SEC Enforcement Roundup: Egan-Jones Charged; H&R Block Arm to Pay $28 MillionThe SEC this week announced several enforcement actions, which included charges brought against a ratings company and its owner and president and against a mortgage company, as well as a settlement reached in an insider trading case.
April 25, 2012
Bill Introduced to Make FINRA Self-RegulatingLegislation has been introduced that will lay the groundwork for the Financial Industry Regulator Authority to become a self-regulatory organization for investment advisers.