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.
T+1 Starts Tuesday. Be Ready, SEC Chief Warns
By Melanie WaddellGary Gensler extolled the benefits of the conversion, but also urged firms to perform all necessary testing.
May 21, 2024
Annuity Advisor Settles With SEC Over Product RecommendationsRaymond Lent should have considered offering clients fee-based contracts, agency officials said.
May 20, 2024
Ex-Advisor Who Lied About Attempting Suicide Gets 3.5 Years for Bilking ClientThe client faced home foreclosure after the advisor failed to make mortgage payments as promised, the DOJ says.
May 17, 2024
RIAs, BDs Must Tell Clients About Data Breaches: SECA new rule amendment requires firms to notify clients within 30 days if private data has been compromised.
May 14, 2024
How to Avoid 5 Mistakes With Client TestimonialsIt's important to establish a publishing process with appropriate guidelines and disclosures in place.
May 13, 2024
SEC, Treasury Crime Unit Float Customer ID Rule for AdvisorsThe proposed rule is intended to fight money laundering and the financing of terrorism, said SEC Chairman Gary Gensler.
May 06, 2024
U.S. Regulators Seek More Power to Claw Back Banker BonusesThe long-delayed rules would force lender clawbacks from executives who take too much risk.
May 03, 2024
Trump Media's Accounting Firm Accused of Fraud, Fined $14MThe fraud was "massive" and affected 1,500 regulatory filings, the SEC says.