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.
Advisor Pleads Guilty to Taking $17M From Clients, Including His Aunt
By Dinah Wisenberg BrinScott Mason, former Rubicon Wealth Management president, could face up to 80 years in prison.
January 21, 2025
Digital Assets, Taxes, Regulatory Pause Top New Year Focus: SIFMAThe group will advocate for maintaining tax-exempt status for municipal securities, according to CEO Ken Bentsen.
January 21, 2025
Trump Names Mark Uyeda as Acting SEC ChairmanRepublican Commissioner Mark Uyeda will serve as acting chairman until the Senate confirms Paul Atkins.
January 17, 2025
Advisor Accused of Stealing From Widowed Aunt Faces Fraud ChargesScott Mason misappropriated $20 million from 13 clients, according to the SEC.
January 17, 2025
Vanguard to Pay $106M to Settle Charges Over Misleading StatementsThe settlement is tied to tax bills some clients received after others switched to lower-cost funds.
January 17, 2025
SEC Fines LPL $18M for AML ViolationsLPL failed to close or restrict thousands of prohibited high-risk accounts, according to the SEC.
January 15, 2025
Musk Accused by SEC of Cheating Twitter Investors Out of MillionsThe billionaire cheated Twitter shareholders out of more than $150 million, the SEC alleges.
January 13, 2025
Robinhood to Pay $45M to Settle SEC ClaimsRobinhood "failed to observe a broad array of significant regulatory requirements," the SEC says.