Displaying 3266 results
Ameriprise to pay $4.5 million to settle SEC charges that five reps stole more than $1 million from clients
Agency censures firm for not protecting clients from thieving brokers.
SEC slaps Lockwood with $200,000 fine over unseen trading costs to clients
Clients were forced to pay fees in addition to the usual wrap charges, the regulator maintains.
SEC charges two firms in municipal bond ‘flipping’ scheme
Agency says Core Performance Management and RMR Asset Management Co. misrepresented their identities to snap up newly issued bonds.
SEC charges former UBS broker with $4 million scam
John Maccoll, who was fired from firm and barred by Finra, also faces criminal charges
SEC bars unregistered adviser who pled guilty to securities fraud
Melvin Wimmer Jr. of Greenwood, S.C., accused of defrauding 25 clients
SEC ponders creating video to help investors decide between investment adviser and broker
Chairman Jay Clayton has suggested the host on the video would deliver similar information as conveyed on disclosure Form CRS.
SEC bars former adviser, orders him to pay $1.58 million
Agency says Jinesh Brahmbhatt failed to disclose conflicts to his young, pro athlete clients.
Sell-off in cryptocurrencies reaches new low
Bitcoin slides more than 5% on news the SEC put off deciding whether to approve a bitcoin ETF.
SEC charges former J.P. Turner trader with entering fake trades
Agency says Salvadore Palermo paid customers above-market prices for CDs
Deluge of comment letters to SEC shows usual split on raising broker standards
Industry groups support SEC advice rule proposal, investor advocates call for overhaul.
Unregistered advisers linked to latest alleged South Florida lending fraud
The SEC and U.S. Attorney's office are investigating an alleged loan fraud sold, at least in part, through a network of unregistered brokers and financial advisers.
SIFMA: Regulation Best Interest raises bar on investor protection
SEC advice rule proposal puts regulators, industry, investors in much better starting position than where we ended with DOL fiduciary rule.
Investors want more information about financial advisers’ fees
In SEC roundtables, agency leaders hear ideas ranging from cost calculator to graphic illustrations.
Allison Lee most likely choice for SEC commissioner, reports say
Ms. Lee, who has worked as an SEC enforcement attorney, would replace her former boss, Kara Stein.
Don’t shoehorn advisers into broker regulations: IAA
In comment letter, Investment Adviser Association criticizes SEC advice rule for net capital, account statement and licensing requirements.
The SEC proposal does not protect Americans from ‘harmful practices’ by broker-dealers
Four main changes should be made before a final rule is issued
Voya gives investors back $2 million under SEC order
Action concludes settlement in case of improper stock-loan revenue actions.
Cryptocurrency deals receive increased scrutiny by SEC
Examiners question brokerages about fees, financing and initial coin offerings, in addition to data on investment advisers' involvement.
The SEC’s opportunity to serve the best interests of investors
But the agency's proposal does not require brokers to be fiduciaries for clients, instead establishing an undefined "best interest" rule.
SEC bars former COO of advisory firm for misuse of customer funds
Gilbert Fluetsch is alleged to have spent customers' investment funds mostly on unrelated business and personal expenses.
