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 Father-Son Advisory Team With Fraud
By Jeff BermanThe duo allegedly impersonated clients in phone calls to their former firm, Waddell & Reed, to execute transactions.
March 01, 2023
LPL, Raymond James Caught in SEC's Messaging ProbeThey are among firms facing SEC inquiries about preservation of messages stored on personal devices or apps.
February 28, 2023
Robinhood Subpoenaed by SEC Over Crypto BusinessThe probe comes as financial watchdogs take a more aggressive approach to crypto in the wake of FTX's collapse.
February 28, 2023
2 More RIAs to Pay Nearly $900,000 Over 12b-1 FeesThe SEC also charged them with best-execution failures, from which the two Republican commissioners dissented.
February 24, 2023
Wall Street's ChatGPT Nightmare Is Over Before It Starts as Banks Crack DownBanks like JPMorgan are acting to curb use of the chatbot, and workers are quickly discovering its limitations.
February 24, 2023
Is the Sweep of Advisors' Texting Legal? — SEC RoundupThe SEC is treating advisors like they're subject to BD requirements, says Jennifer Han of the Managed Funds Association.
February 22, 2023
SEC Calls for Proceedings Against Imprisoned Ex-BrokerThe former broker was convicted of defrauding the oldest Black-owned insurance company in the U.S.
February 22, 2023
Wells Fargo Discloses Probes as Scrutiny of Messaging App Use WidensThe SEC and CFTC are investigating its retention of employee communications over unapproved messaging apps,