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.
Court Paves Way for First Bitcoin ETF
By Sabrina Willmer and Allyson VersprilleA three-judge appeals panel in Washington overturned a previous decision by the SEC blocking the Grayscale ETF.
August 25, 2023
Massachusetts Fiduciary Rule Upheld by Top CourtThe ruling "is a Fenway Park Red Sox grand slam home run" for investors and state regulators, said a fiduciary expert.
August 25, 2023
Wells Fargo to Pay $35M Over Excessive FeesWells Fargo overcharged nearly 11,000 investment advisory accounts over $26.8 million in advisory fees, the SEC says.
August 23, 2023
SEC Fines RIA for Paying Social Media Influencers to Solicit ClientsFundrise Advisors paid more than $8 million to over 200 social media influencers for business, the SEC says.
August 23, 2023
SEC Seeks More Comments on Controversial Custody Rule PlanThe SEC reopened the comment period for 60 days for feedback on its new private fund advisor rules.
August 21, 2023
SEC Brings First Marketing Rule Action; Firm to Pay $1MTitan Global Capital Management's violations included the misleading use of hypothetical performance metrics in ads, the SEC said.
August 18, 2023
SEC Bars Advisor for Working With Revoked Registration, Touting False DesignationThe unregistered advisor didn't tell potential clients she was only licensed to offer and sell insurance products.
August 15, 2023
New York Life Joins MOVEit Breach Notice ListOverall, the breach may have exposed the data of more than 41 million people and 677 organizations worldwide.