Regulatory
SEC Proposes Deeper Scrutiny Of Broker-Dealers
The U.S. Securities and Exchange Commission proposed expanding scrutiny of how brokerages handle trillions of dollars in client assets in a measure that reflects the enduring regulatory impact of Bernard Madoff’s Ponzi scheme.
Obama Nominates Securities Lawyer To SEC, But Don't Expect It To Speed Up Decisions On Regulatory Reform Issues Affecting Independent Financial Advisors
President Obama has nominated securities lawyer Daniel Gallagher to the Securities and Exchange Commission, but don’t expect it to have much impact on the regulatory issues facing independent advisors.
SEC Shuts Down "Major League Baseball" Celebrity Prospecting Scheme
One of the many pathetic things about a recent Michigan investment scheme that invoke the names of billionaires like Paul Allen and Ted Turner is that it only brought in $560,000.
SEC Updates Congress On Ponzi, Porn, Other Scandals
The SEC inspector general's latest semiannual report to Congress is lengthy but all that detail provides a rare look at how the regulator really operates -- warts and all.
SEC Shutting Down Alleged Fake Investment Scheme That Lasted A Full 20 Years
If not for a lucky phone call, the SEC would never have noticed that an Illinois advisor had apparently been concocting fake investment statements for his clients since the late 1980s.
More Articles ...
- SEC Internal Probe Blasts The Regulator's Office Space Usage As Wasteful And Overly Ambitious
- New Advisor Regulatory Burden Will Actually Be "Modest," Analysts Say
- Securities America Settles Medical Capital Holdings Case With Massachusetts For $5 Million
- Ameriprise Fined $50,000 For Waiting Two Years To Punish Broker Who Forged Paperwork
