SEC

To hear some regulators tell it, “commission” is code for churning — but the fee-based vogue gives rise to reverse charges, writes Mark Elzweig.

The advisor had been previously arrested at the airport prior to boarding a flight.

Regulatory relief applies to advisors and investment funds but the commission stresses that fiduciary obligations still apply.

“Americans need to know they have access to their money," Treasury Secretary Steven Mnuchin said.

The VanEck fund’s sell-off was so violent that it triggered the SEC’s alternative uptick rule.

“This is a demand and supply shock,” Jay Clayton said, adding that he’s concerned businesses might not have access to all the credit they need.

Senior officials are growing wary of how firms are trying to recoup revenue amid the "race to zero" commissions.

Even with staff working from home, the agency “remains able and committed to fully executing its mission," the SEC said.

Guidance on new advice rules coming this month as OCIE and enforcement divisions struggle to expand oversight with limited resources.

"If rules are too broad or vague, we may end up circumscribing conduct that we never intended to capture,” Commissioner Allison Herren Lee said.

In an hour-long session, justices considered the agency's use of “disgorgement” to collect money from someone the commission sues in federal court.

While the sustainable industry accounts for less than 1% of the $20.7 trillion held in U.S. mutual funds and ETFs, the space is growing fast.

A Supreme Court ruling could eviscerate one of the agency’s most potent weapons.

The bank failed to implement its own supervisory procedures around single-inverse ETFs, costing clients millions, the SEC says.

The agency has long urged issuers to address risks and concerns associated with a potential crypto fund, including manipulation, liquidity and custody issues.

For many, the document is a significant source of confusion. Fortunately, one of the most persistent errors is easily correctable.

The settlement marks the bank’s largest yet from a series of scandals that claimed two chief executive officers.

The commission “failed to enact a meaningful conduct rule,” state regulator William Galvin says.

Edward E. Matthes allegedly renovated his home, paid child support and bought luxury items with client money.

The industry’s biggest firms have grown bigger and the smaller firms have found it harder to compete on their own, the regulator found.