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 Charges Phony Western Gold Sales Team in $300 Million Ponzi Case
By Joyce HansonThe SEC charged Friday, June 11, that a group of swindlers persuaded more than 3,000 U.S. and Canadian investors to put their savings and home equity into a $300 million Ponzi scheme for a phony gold-mining operation.
June 10, 2010
SEC Approves Stock Circuit Breaker Rules after May 6 Market CollapseThe Securities and Exchange Commission (SEC) approved stock circuit-breaker rules on Thursday, June 10, that require a pause in the trading of individual stocks if...
June 10, 2010
Goldman, Stiglitz and the Future of InvestingNobel Laureate Joseph Stiglitz says that 'delay' or 'study' of some financial reforms is 'unconscionable; continued regulatory forbearance puts the economy at risk.'
June 10, 2010
Goldman, Stiglitz and the Future of Investing: Viewpoint BlogNobel Laureate Joseph Stiglitz says that 'delay' or 'study' of some financial reforms is 'unconscionable; continued regulatory forbearance puts the economy at risk'
June 08, 2010
FCIC Subpoenas Goldman SachsThe Financial Crisis Inquiry Commission (FCIC) issued a subpoena to Goldman Sachs on June 7, requiring the firm to produce documents and witnesses it has failed to provide, according to an announcement and timeline from the FCIC.
June 08, 2010
FCIC Subpoenas Goldman Sachs & Co.The Fraud Enforcement and Recovery Act of 2009 gives FCIC power to compel Goldman Sachs to produce missing witnesses and documents.
June 04, 2010
After the Kenneth Starr Swindle: How Advisors Can Reassure ClientsFinancial advisors, RIAs and lawyers point to crucial role of third-party custodians in the aftermath of Kenneth Starr's alleged $30 million fraud.
June 04, 2010
After the Starr Swindle: How Financial Advisors Can Reassure ClientsFinancial advisors are buzzing about the SEC's $30 million fraud case against "advisor to the stars" Kenneth Starr in light of issues such as fiduciary duty, transparency and custody rules.