Browsing Tag
U.S. Securities and Exchange Commission (SEC)
136 posts
The U.S. Securities and Exchange Commission (SEC) is a federal agency that regulates the securities markets to protect investors, ensure fair and efficient markets, and facilitate capital formation. It oversees securities exchanges, brokers, investment advisers, and public companies, requiring them to disclose important financial information. The SEC enforces securities laws, investigates misconduct such as fraud and insider trading, and works to maintain investor confidence in the U.S. financial system.
MAJOR Absence of Minority Representation in Financial Regulation
“Perhaps one of the biggest open secrets in Washington, D.C. is the virtual absence of African American financial…
VALIC to Pay $40 Million to Settle Charges It Deceived Teachers
The Securities and Exchange Commission charged VALIC Financial Advisors (VFA) for failing to disclose to teachers and other…
XYPN’s Michael Kitces Responds to SEC Reg BI Ruling
XY Planning Network co-founder Michael Kitces responded Sunday to the Second Circuit Court of Appeals ruling that denied…
Reg BI Challenge Rejected by Federal Appeals Court
A high-profile challenge to the SEC’s Regulation Best Interest was denied by the Second Circuit Court of Appeals…
SEC Reiterates 401(k) Rollover Rules in Runup to Reg BI
Reg BI retirement rollovers guidance urges caution when recommending 401k/IRA rollovers and withdrawals to protect investors.
SEC Stops Alleged Senior Annuity Scam
The Securities and Exchange Commission announced an emergency filing and temporary restraining order against a registered investment advisor…
What’s the Difference Between a File Clerk and a Fiduciary?
What’s the difference between a file clerk and a fiduciary? Come June 30th, not much. A clerk is…
Final Countdown to Reg BI
Reg BI is almost here. Are you ready? Because the new rule’s entire compliance process will require well-thought-out…
Reg BI Delay is Denied: SEC Moves Forward
While the comment period for Regulation Best Interest (Reg BI) was extended, the compliance date for the landmark…
SEC Extends ADV Filing Requirements Due to COVID Concerns
Recognizing the impact of COVID-19 has, the SEC said it is further extending filing dates for certain regulatory requirements, including Form ADV.