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.
SEC Commissioner Lee to Step Down
By Melanie WaddellAllison Herren Lee, whose term expires in June, will step down when a successor is confirmed.
March 09, 2022
FINRA Warns BDs of Reg BI Obligations on Complex ProductsFINRA is seeking feedback from BDs on how they're handling complex products as it weighs changes to the rules.
March 07, 2022
These Compliance Issues Are Top of Mind for Regulators. Are You Ready?The SEC exam division still struggles with advisor exams, but that won't stop a heightened focus on Reg BI.
March 07, 2022
Ex-LPL Rep Who Put Clients' Funds in Tequila Company Takes Shots From FINRAThe former LPL and Royal Alliance broker has been suspended for seven months and fined $5,000.
March 04, 2022
Schwab Dips Toe Into Crypto ETF MarketThe firm filed a prospectus with the SEC for an ETF targeting companies benefiting from crypto and crypto-related tech.
March 04, 2022
SEC Slams RIA With $30M Fine Over 12b-1 Fees, Proprietary FundsThe SEC is getting "aggressive" in fighting breaches of fiduciary duty, Ron Rhoades told ThinkAdvisor.
March 03, 2022
Cybersecurity 'Keeps Me Up at Night': SEC's CrenshawComplex products are another major concern, the commissioner said at an Investment Adviser Association conference.
March 03, 2022
Cambridge in Hot Water Over Revenue Sharing, Wrap Account ConflictsCambridge failed to disclose conflicts of interest and breached its duty of care related to fund selection, the SEC said.