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.
2 More RIAs to Pay Nearly $900,000 Over 12b-1 Fees
By Melanie WaddellThe SEC also charged them with best-execution failures, from which the two Republican commissioners dissented.
February 22, 2023
SEC Calls for Proceedings Against Imprisoned Ex-BrokerThe former broker was convicted of defrauding the oldest Black-owned insurance company in the U.S.
February 22, 2023
Wells Fargo Discloses Probes as Scrutiny of Messaging App Use WidensThe SEC and CFTC are investigating its retention of employee communications over unapproved messaging apps,
February 21, 2023
More Advisors Would Have Custody Under New SEC Plan. Here's How.The Safeguarding Rule would cover more advisor activities and require "extensive" new relationships with custodians, legal experts say.
February 21, 2023
Church of Jesus Christ of Latter-day Saints and Its Advisor to Pay $5M in SEC FinesThe church's investment manager, Ensign Peak, created shell companies to hide investments, the SEC says.
February 17, 2023
Ex-Boston Celtics Star Paul Pierce to Pay $1.4M to SEC Over Crypto ToutingThe NBA Hall of Famer didn't disclose that he was paid to promote EMAX tokens on Twitter, the SEC said.
February 15, 2023
SEC Votes to Expand Advisor Custody RuleThe rule's broader scope will include any client assets of which an advisor has custody, including cryptocurrencies.
February 10, 2023
Advisor Texting, DOL Fiduciary Rule Are Hot-Button Issues This YearLabor will likely release a fiduciary rule before summer ends, attorney Sara Crovitz tells ThinkAdvisor.