SEC

Critics say the SEC isn’t living up to promises made when Jay Clayton became chairman.

The fraudulent investments advertised guaranteed returns of up to 8% annually, the regulator says.

Investment advisors and broker dealers have different “relationship models” with clients, the chairman says.

Firms are required to verify their procedures are reasonable, but they also must tailor their supervision to individual advisors, and sometimes that means crafting higher level of oversight for some people.

The advisor defrauded some 100 clients by persuading them to invest more than $71 million in 16 private funds offered by his two investment advisory companies, the SEC claims.

What should advisors expect from the upcoming regulation?

Co-chiefs of the SEC’s Division of Enforcement tout a program aimed at repaying investors for excessive mutual fund fees as a new approach to curbing industry abuses.

The brokerage sector and investor advocates are gearing up for a fight over broker provisions.

The no-nonsense CEO fields rapid-fire questions on everything from Amazon's interest in financial services to how the SEC is handling the fiduciary rule

NASAA President Joseph Borg also vowed to work with SEC Chairman Jay Clayton’s team on improvements to the Regulation Best Interest proposal.