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.
Judge Awards $900K to Eye Doctor Bilked by ex-Wells Fargo Advisor
By Jeff BermanThe former rep was arrested in October in the theft of over $2.86 million from five clients.
February 11, 2022
SEC Orders Robo-Advisor to Pay $300K for Misleading ClientsWahed Invest allegedly advertised nonexistent proprietary funds and falsely promised clients it would rebalance their accounts.
February 10, 2022
Should the SEC Ban Payment for Order Flow? — SEC RoundupLawyers expect "some activity by the SEC in 2022" on this issue, Nick Morgan says in this video.
February 09, 2022
SEC Outlines Cyber Rules, New Form for AdvisorsThe SEC is proposing new rules that would require advisors to adopt written policies and procedures to address cybersecurity risks.
February 08, 2022
The SEC Wants to Know What You Think About Bitcoin ETFsThe agency is seeking comments on applications for a Bitwise ETF and to convert the Grayscale Bitcoin Trust.
February 04, 2022
Will the SEC Ban 12b-1 Fees?Their use is declining as the SEC targets conflicts of interest. But are they a "lesser evil"?
February 03, 2022
Annuity Group Sues DOL Over Fiduciary RuleFACC says the department has tried to put a major rule change in an introduction.
February 03, 2022
SEC Sets Vote on Cyber Rules for AdvisorsThe meeting will also address shorter settlement cycles, a discussion prompted by the meme stock frenzy.