SEC enforcement

Jose Ramirez says he doesn't recognize the criminal mastermind portrayed in the SEC's complaint against him.

The case against Centaurus Financial comes after the industry and consumer advocates decried the previous administration’s approach for different reasons.

After an initial phase of good-faith exams, regulators expect to see how firms have operationalized those programs.

DaRayl Davis used his clients' money to rent a fancy Hollywood mansion, purchase over $100,000 in airline tickets and pay off massive credit card bills.

The regulator will be stepping up scrutiny of advisors on this issue and others, including ESG and cybersecurity.

So far this month, an average of 99 billion shares in companies that don’t trade on classic exchanges have changed hands each day.

The 33-year-old advisor allegedly spent clients’ money on luxury items and business expenses for his startup.

Regulators and Washington policy makers are sure to up scrutiny once the dust settles on the market turmoil that has buffeted GameStop and others.

Jacob Glick is accused of breach of fiduciary duty and misappropriating client funds, among other alleged misconduct.

“The sheriff is coming to the preeminent financial regulator in the world,” said Justin Slaughter, a consultant at Mercury Strategies. “It means regulation and enforcement are about to get much tougher.”

The work-from-home phenomenon has triggered a fresh frustration for U.S. corporations: Americans are blowing the whistle on their employers like never before.

SEC cases that go beyond faulting firms for their failure to disclose conflicts of interest have drawn pushback from the industry.

The allegations involving 12b-1 fees, cash sweeps and commissions also include violations of best execution rules.

“We look forward to our day in court and will not be bullied by the regulatory thugs at the SEC," the firm's co-founder says.

The revelation is buried in an SEC enforcement action that accused Robinhood of hiding for years how it made the bulk of its revenue.

Fake name, phony credentials, Ponzi-like payments but real victims — this is what authorities are saying about this business.

Five firms agreed to pay $3 million to settle an SEC investigation into unsuitable sales of complex exchange-traded products.

OCIE's recent exam initiative uncovers widespread supervision shortfalls in large, geographically dispersed firms.

But the regulator also ordered record payouts in 2020, including restitution through a self-reporting program that drew industry ire.

Insiders see a Democratic administration backing tightened investor protections as industry advocates look to tax legislation.