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.
Investment Advisor Charged in $6 Million Theft
By Kate McBrideThe SEC and the U.S. Attorney's Office for the Southern District of NY, have charged the co-Founder and Principal of AFW Wealth Advisors, Matthew D. Weitzman, with stealing "more than $6 million in investor funds for his own personal use."
May 31, 2009
The SEC And Innovation In Annuities: What Is NeededMany of the developments and anxieties of the first quarter of 2009 have been attributable to the financial crisis.
May 28, 2009
SEC Resolves Fee CaseThe U.S. Securities and Exchange Commission has negotiated a settlement with an insurer-owned money manager over fund fee concerns and fee disclosure concerns.
May 28, 2009
SEC Resolves Fee CaseThe U.S. Securities and Exchange Commission has negotiated a settlement with an insurer-owned money manager over fund fee concerns and fee disclosure concerns.
May 27, 2009
SEC pulling back on third-party audits, FPA reportsSecurities and Exchange Commission Chairman Mary Schapiro is reportedly backing away from possible proposed changes to the SEC custody rule in light of the Madoff...
May 15, 2009
SEC Proposes Custody RulesThe Securities and Exchange Commission issued a proposed rule May 14 that would put tighter controls on investment advisors who maintain custody of their clients' assets.
May 15, 2009
More government meddling?The SEC has proposed rule amendments that, if adopted, would include a yearly "surprise exam" by an independent public accountant for investment advisors who have...
May 14, 2009
SEC votes to consider surprise examination rulesIn a unanimous agreement Thursday, the Securities and Exchange Commission voted to consider proposals that investment advisors who manage or have access to client assets...