Browsing Tag
U.S. Securities and Exchange Commission (SEC)
122 posts
SEC Fines Idaho RIA for Missteps Related to ‘Biblically Responsible Investing’ Strategy
$300,000 penalty levied as firm made investments contrary to its stated investment criteria
SEC Committee to Discuss Definition of ‘Fiduciary’ Thursday
Panel will seek to clarify who is required to serve in a client’s best interest for investors as courts keep new fiduciary rule from taking effect
SEC Fines 26 Firms Nearly $400 Million for Recordkeeping Failures
Fines levied for “widespread and longstanding failures” in regard to maintaining and preserving electronic communications
Cetera Latest Big Wealth Manager to Jump on Spot Bitcoin ETF Bandwagon
Joins Carson Group in greenlighting use of four of the 10 approved SEC-approved funds for client portfolios as demand spurs BTC to record high this week
Crypto and Cybersecurity Among Top SEC Priorities for 2024
The SEC published its examination priorities for 2024 with an emphasis on cyber-resiliency, crypto assets, and emerging financial tech
SEC Amends ‘Names Rule’ to Fight Greenwashing
The SEC voted to amend a rule that would mandate investment names with sustainable themes to invest at least 80% of its asset into funds
More Americans Plan to Rely on Artificial Intelligence
A Nationwide Retirement Institute survey found a higher number of aging Americans are open to utilizing AI tools for everyday needs
GAO Asks DOL to Focus on 403(b) Plans
The report looks at improvements that Department of Labor could make in supporting ERISA and non-ERISA 403(b) plans
SEC Rule Requires Companies to Report Cyber Hacks Within 4 Days
The new rule adopted by the SEC requires all registrants to disclose nature, scope, timing and material impact of cyber hacks
Compliance Officers List SEC Marketing Rule As Top Concern Yet Again
The 2023 Investment Management Compliance Testing Survey found 70% of respondents selected advertising and marketing as the “hottest” compliance topic