SEC enforcement

The rep defrauded clients with promises of a “lucrative investment” tied to the popstar that would also “help needy people,” according to regulators.

As the industry pushed to comply with the fiduciary rule, new issues emerged.

Overuse of “may” instead of “will” and gauzy formulations in disclosures won’t cut it despite the halt to in-person exams, an SEC official says.

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

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

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

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

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

Undisclosed payments from alt managers should have been explained to clients in Form ADV, the regulator says.

The IBD advocacy group expects no letup in enforcement by the regulator — with wide ramifications across wealth management hanging in the balance.