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.
Robinhood's Chief Lawyer Balks at Plan to Rein In Trading Apps: SEC Roundup
By Nick Morgan and Tom ZaccaroRobinhood's Dan Gallagher calls the regulatory brouhaha after the meme stock frenzy a "false impetus to regulate."
July 18, 2022
BofA Expected to Pay $200M for Personal Device MisuseThe anticipated fine follows a disclosure by Morgan Stanley last week that it faces a similar penalty stemming from the investigation.
July 15, 2022
15 Hottest Compliance Topics for Advisors in 2022Here's what's on advisory firms' minds now, according to the Investment Adviser Association.
July 15, 2022
Wall Street Texting Habit Sticks Banks With Rare $1B BillRegulators have zoomed in on Bank of America, Citigroup, Goldman Sachs, JPMorgan and Morgan Stanley over record-keeping lapses.
July 14, 2022
SEC Action Against CCO Raises Many QuestionsThe order suggests that regulators will continue to second-guess CCOs' conduct.
July 14, 2022
Morgan Stanley to Pay $200M Over Misuse of Personal DevicesEarlier, regulators imposed a similar fine on JPMorgan, noting that managers had used WhatsApp and personal email for work.
July 12, 2022
Barred Broker Sentenced to Prison for $12M Ponzi SchemeMatthew Eckstein will get up to 10.5 years in prison for his role in bilking more than 50 investors, the prosecutor said.
July 12, 2022
Single-Stock ETFs Move Closer to Market Despite SEC ConcernsAXS Investments filed paperwork Monday to launch funds holding derivatives tied to the performance of stocks like Tesla and Nvidia.