SEC enforcement

Clients seeking to recoup some $14 million in damages have received only 12% of their total claims, according to an SEC-appointed receiver.

With transparency about conflicts on the rise even as it varies by firm, critics question whether clients really understand complicated technical documents.

The SEC is giving serious side-eye to firms with part-time or underqualified compliance officers.

The allegation was laid out in an SEC order, which hit a U.S. unit of the firm with a $500,000 penalty.

Audit volume is up but compliance issues are down — with cybersecurity as the wild card.

The justices said bankers can be held liable for sending clients deceptive information written by others.

The firm’s founder “knowingly engaged in a multi-year scheme to mask the poor performance of one of the funds’ largest investments,” the SEC alleged.

The independent broker-dealer accidentally published a list of credits of its most lucrative advisors.

The RIA divisions of Raymond James and RBC are also among the companies that self-reported.

Non-public corporate earnings reports were among the stolen information, the regulator claims.