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SEC fines SunTrust for recommending higher-cost fund shares
Using institutional shares would have saved investors $1.1 million, agency says.
SEC warns RIAs about exaggerating investment performance and other misleading advertising practices
The regulator's Office of Compliance Inspections and Examinations issued a risk alert Thursday about potential violations of advertising rules.
SEC bars two advisers for cherry-picking clients’ trades
State-registered RIAs in Oregon and California steered best trades to own accounts.
Meet the SEC nominees: One opposes the DOL fiduciary rule, one is a blank slate
Republican Hester Peirce and Democrat Robert Jackson seek to fill two vacancies on the commission.
SEC censures faith-based RIA over fees
Envoy Advisory, in Colorado, allegedly overcharged its minister clients.
Congressman intends to hold Finra’s feet to the fire on how SRO spends fine money
Rep. Brad Sherman said he'd introduce legislation if he had to in order to get Finra to comply.
SEC says RIA stole $1 million from clients, using some of it to support gambling habit
Scott Newsholme allegedly stole $1 million, using funds for personal expenses, a gambling habit and to pay back early investors.
Dalia Blass could tackle fiduciary standard as first order of business at SEC
She is also expected to set the agenda for ETFs, an area in which she has expertise from her previous time at the SEC.
Battle lines form as SEC considers new fiduciary rule
The Securities and Exchange Commission should not blend investment-advice standards that apply to investment advisers and brokers, as…
Ex-Morgan Stanley broker pleads not guilty to insider trading
Authorities say he and clients made millions trading on secret tips about pending mergers.
Action must be taken to make Finra more accountable
The SEC or Congress should consider forming an independent commission to consider Finra's future.
SEC charges ex-Connecticut rep with $1 million fraud
Agency says he diverted elderly clients' money to his own accounts
SEC names Dalia Blass director of investment management
Ms. Blass returns to the agency, where she previously worked for more than a decade, to run a division with influence over fiduciary duty.
SEC charges Navellier & Associates with fraud
The regulator said the Reno adviser's marketing materials misrepresented returns.
OMB approves proposal for 18-month delay of DOL fiduciary rule’s second phase
One observer says agency is trying to give certainty to markets; another asserts it is executing pre-determined course to water down regulation.
New charges against Dawn Bennett allege a $20 million scheme to defraud 46 investors
Ms. Bennett allegedly spent some of her ill-gotten gains on luxury goods, mystics and $500,000-a-year suite at AT&T Stadium in Dallas.
Harvey tests whether advisers need more emergency planning
SEC suggests a final decision on its proposed continuity rule with heightened requirements will come in April.
SEC gets court to freeze assets of former LPL broker
Sonya Camarco stole money from clients for 13 years, regulator claims.
SEC bars former broker imprisoned for $1.1 million fraud
Paul Elvidge got five years for forging clients' signatures and bilking accounts.
Los Angeles RIA charged with defrauding athlete and wife
Adviser allegedly hid the true amount of fees he was charging them, leading the couple to pay $1.2 million more than they thought they were being charged.
