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.
New SEC Marketing Rule: How to Use Testimonials
By Thomas D. GiachettiThe rule unlocks a broad range of new advertising avenues for advisors but comes with several compliance-related minefields.
November 02, 2022
SEC Expected to Be 'Heavy-Handed' With Marketing Rule EnforcementSimply continuing to avoid testimonials carries its own risks, Bill Simpson of Hearsay Systems tells ThinkAdvisor.
November 02, 2022
Vanguard to Test Giving Retail Investors More Voting PowerThe fund giant is planning a trial next year to give clients more say over how their shares are voted at corporate meetings.
October 31, 2022
Felon Who Ran Ponzi From Fraternity House Is Charged With Defrauding BDsSyed Arham Arbab allegedly conducted the "freeriding" scheme just before starting a five-year sentence for the Ponzi scheme.
October 31, 2022
SEC Reveals More Deceptive Firms, Fake RegulatorsThe updated PAUSE list includes 35 soliciting entities, four impersonators of genuine firms and four bogus regulators.
October 31, 2022
Barred Broker Sentenced to 5 Years for Fraud That Shuttered Life Insurance FirmThe ex-broker scammed a life insurance company that was his client, leading it to be forced into liquidation.
October 31, 2022
Penny Pennington Elected to FINRA Board of GovernorsFrom the enforcement of Reg BI to the implementation of new CE requirements, it's a busy time for FINRA.
October 31, 2022
Ex-Broker Sentenced to 20 Years in Prison Over Ponzi SchemePerry Santillo's 20-year sentence will run concurrently with a 17.5-year sentence he already faces.