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.
Ex-Morgan Stanley Broker Pleads Guilty to $7M Ponzi Scheme
By Jeff BermanShawn Edward Good bought at least five luxury cars with clients' money, according to prosecutors.
September 15, 2022
SEC Chief Presses Senators to Fund More Reg BI ExamsIn the last completed fiscal year, the agency conducted over 3,000 exams, exceeding the previous year, Gensler testified.
September 15, 2022
UBS Backs Ethic Asset Management Platform: Tech RoundupAlso, Hearsay Systems is adding new functionality to help advisors comply with the SEC's new Marketing Rule.
September 14, 2022
XRP Tokens Caught in Crypto Oversight Crosshairs: SEC RoundupAttorney John Deaton says the SEC's jurisdictional "land grab" of crypto will affect XRP token holders.
September 14, 2022
SEC Charges Advisor With Stealing Over $743K From Clients, Including MLB PlayerThe fund transfers were used to pay for charges on his dead mother's American Express card, according to the SEC.
September 14, 2022
Judge Orders Ambassador Advisors to Pay $2M Over 12b-1 Fee InfractionsIn March, a jury ruled in favor of the SEC against Ambassador Advisors and three of its executives.
September 13, 2022
SEC Charges BNY Mellon, Oppenheimer, Other Firms With Municipal Disclosure FailuresIn first of its kind actions, SEC said four firms sold new issue municipal bonds without obtaining required disclosures for investors.
September 13, 2022
How Does Congress Feel About Crypto? Ric Edelman Asks Rep. Jim HimesThe Connecticut congressman discusses the need for a central bank digital currency and for federal regulation of crypto.