SEC enforcement

A roundup of this week's news includes advisors on the move, new hires and SEC enforcement.

SEC enforcement actions and regulatory requirements citing Form CRS suggests that firms need to step up their compliance operations.

The trade group’s continued support comes with caveats as advocates for a stronger rule express hope that the Biden administration will change the 2019 regulation.

Nearly 100 clients Mata allegedly defrauded for $14.5 million have received paltry restitution after exhausting every possible method.

The wirehouse is the latest firm to have its financial advisors called out publicly by the regulator for disregarding warnings about holding the ETNs for a long time.

The Securities and Exchange Commission is ramping up enforcement against cryptocurrency providers, as the Internal Revenue Service has also stepped up investigations and compliance efforts.

The firms agreed to censures, the settlement payments and to cease-and-desist orders tied to their alleged misconduct.

The Advisor Group IBD missed 55 alerts suggesting suspicious disbursements by clients of Hector May, according to the SEC.

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.