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 Hits First Horizon With $325,000 Reg BI Fine
By Melanie WaddellThe charges relate to First Horizon's recommendations of structured notes after its merger with IberiaBank.
September 12, 2024
SEC Investor Advisory Committee Gets New Members, Tees Up 'Best Interest' DebateA panel will discuss when financial professionals are "investment advice fiduciaries"; six new members joined the committee.
September 09, 2024
SEC Hits 9 Firms in Marketing Rule CrackdownThe RIAs ran ads with untrue or unsubstantiated statements or broke rules around ratings and testimonials, the SEC says.
September 06, 2024
RIA Hid Fee Hikes From Clients, SEC SaysThe firm charged $1.36 million in higher fees it failed to properly disclose, a lawsuit says.
September 05, 2024
SEC Fines RIA for Custody Rule ViolationsClearPath failed to timely distribute annual audited financial statements to investors in certain private funds, the SEC said.
September 05, 2024
California DOJ Fines Robinhood $3.9M in First-Ever Crypto Enforcement ActionThe settlement marks the first public enforcement action by the state DOJ against a crypto company.
September 04, 2024
SEC Accuses Firm of Marketing Rule Violations, Failing to RegisterFlorida-based Black Dragon, which didn't admit wrongdoing, posted misleading performance data on its website, the agency says.
September 04, 2024
SEC Expands Texting Crackdown to Big Ratings AgenciesMoody's, Fitch and four other firms agreed to pay combined penalties of more than $49 million over off-channel communications.