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 Fines Firm $1M Over Marketing Rule Violations
By Melanie WaddellWellesley Asset Management made material misstatements and omissions in marketing materials about a bond index it created.
September 22, 2023
Goldman Sent Inaccurate Data to the SEC on 163M TradesThe bank agreed to pay a $6 million fine.
September 20, 2023
SEC Expands Its Rule on Fund NamesThe rule now applies to funds focusing on investment characteristics like growth, value and sustainability.
September 19, 2023
SEC Sues Firm That Managed Billions for Russian OligarchConcord Management didn't register but invested over $7 billion for Roman Abramovich with no oversight.
September 18, 2023
SEC to Vote Wednesday on Rule to Curb Misleading Fund NamesA fund industry trade group says it's concerned about the "sweeping scope" of the rule.
September 14, 2023
8 Marketing Rule Documents the SEC Requests During ExamsThe agency has already fined firms that have failed to comply, and it's looking for more offenders.
September 13, 2023
'Stoner Cats' NFTs Creator Reaches $1M Settlement With SECSome 10,000 nonfungible tokens were sold to fund a web-based series with actors Mila Kunis and Ashton Kutcher.
September 12, 2023
Trade Groups Plead With SEC to Rethink Custody Rule PlanIndustry groups also want the SEC to withdraw its plan that addresses conflicts when BDs and advisors use AI.