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 Strikes Again on 12b-1 Fees, Fining Another RIA
By Melanie WaddellAventura Capital Management must pay more than $900,000 for 12b-1 fee and revenue sharing infractions.
September 01, 2022
SEC Charges Malta-Based RIA in $75M SchemeThe RIA allegedly orchestrated the frauds through complex investment structures and a web of affiliate companies.
August 31, 2022
Blowing the Whistle on How Insider Tips Are Handled: SEC RoundupIn a secretive process, the SEC looks to private lawyers to examine whistleblower tips, professor Alex Platt says.
August 30, 2022
Reg BI Enforcement to Zero In on RecommendationsThe SEC has released a strategic plan, setting out its goals over the next four years.
August 30, 2022
SEC Expands Whistleblower ProgramThe changes allow the SEC to pay whistleblower awards for certain actions brought by other entities as well as increase an award amount.
August 29, 2022
Barred Broker Sentenced to 7 Years for FraudMichael Francis Shillin's pretrial probation was revoked after he took an unauthorized Caribbean trip.
August 29, 2022
Kovack Advisors Kept Clients in Unsuitable Wrap Accounts: SECCertain clients remained in wrap accounts despite inactivity and weren't told about additional costs, the SEC said.
August 26, 2022
SEC Loophole Lets Funds Mislead Investors on Performance: StudySome funds change their benchmark indexes to "manipulate the benchmark-adjusted performance they present to investors," researchers found.