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.
Merrill, BofA Fined $12M for Suspicious Activity Report Failures
By John ManganaroBank of America improperly set a reporting threshold of $25,000 instead of $5,000, the SEC and FINRA found.
June 29, 2023
SEC Has No Way to Track RIA Arbitration Stats, Unpaid AwardsA report commissioned by Congress reveals "an informational black hole" surrounding RIAs' use of arbitration, an attorney says.
June 28, 2023
SEC's Fund Liquidity Plan Hurts Retirement Savers, Lawmakers SayThe "hard close" for trades in the proposal "limits Americans' ability to trade in mutual funds," lawmakers say.
June 28, 2023
42 Dropped Cases, 48 Lifted Bars, One Big 'Disaster': SEC RoundupA breach in the SEC's in-house judicial system highlights a major underlying problem, two attorneys say.
June 26, 2023
Is the SEC's War on Crypto 'Regulation by Enforcement'?I asked the SEC's crypto enforcement chief to answer that question, and more.
June 22, 2023
Spending Bill Kills SEC's New Custody Rule, Reg Best ExecutionThe bill bars the SEC from using funds to finalize or implement these two rules and others.
June 22, 2023
JPMorgan to Pay $4M Over 47 Million Deleted RecordsThe SEC alleges that JPMorgan Securities permanently deleted the electronic records, including emails and instant messages.
June 22, 2023
SEC Committee Floats User Fees, Third-Party Exams for RIAsSEC Commissioner Hester Peirce was quick to pose questions on how such plans would work.