SEC

Acting director of SEC's office of compliance inspections given permanent job

Mark Wyatt was named director of the SEC's office of compliance inspections and examinations on Thursday.

November 12, 2015 | 05:03 pm
House passes bill to delay DOL fiduciary rule; White House pledges to veto it

House passes bill to delay DOL fiduciary rule; White House pledges to veto it

The Department of Labor would have to stop its efforts to update a fiduciary rule and let the Securities and Exchange Commission act first under a bill passed by the House of Representatives late...

October 28, 2015 | 11:26 am

SEC reverses course on allowing companies to exclude proxy access proposals

The SEC made it tougher for companies to exclude shareholder proposals that appear to conflict with management proposals.

October 23, 2015 | 03:28 pm
SEC racks up $4.2 billion in recovered profits, penalties in fiscal year 2015

SEC racks up $4.2 billion in recovered profits, penalties in fiscal year 2015

The SEC enforcement office ended fiscal year 2015 with 807 enforcement actions and $4.2 billion in recovered profits and penalties, compared to 755 actions and $4.16 billion in fiscal 2014.

October 22, 2015 | 03:29 pm
NYSE pleads for rules to make hedge funds reveal short positions

NYSE pleads for rules to make hedge funds reveal short positions

The New York Stock Exchange is prodding the SEC to make hedge funds reveal which stocks they're shorting, an area where the U.S. lags far behind Europe.

October 21, 2015 | 02:44 pm
President nominates 2 SEC commissioners

President nominates 2 SEC commissioners

Hester Peirce and Lisa Fairfax were nominated by President Barack Obama to serve as SEC commissioners.

October 20, 2015 | 05:29 pm
UBS reaches $17.5 million settlement on investment strategy change

UBS reaches $17.5 million settlement on investment strategy change

UBS will pay $17.5 million to settle charges that two of its advisory firms failed to disclose a change in investment strategy to investors, who will receive $13 million of the settlement.

October 19, 2015 | 03:28 pm
Private funds registered with SEC increase 8.1% in 2014

Private funds registered with SEC increase 8.1% in 2014

The number of private funds registered with the SEC rose 8.1% to 24,725 in the year ended Dec. 31, said the latest data from the SEC's division of investment management, risk and examinations office.

October 16, 2015 | 04:28 pm

Private equity real estate hiring attracting scrutiny from SEC

Private equity funds that specialize in real estate are attracting regulatory scrutiny over hiring that can boost the firm’s fees while sticking investors with higher expenses, Securities and...

October 16, 2015 | 03:52 pm

Recent market volatility draws SEC scrutiny of ETFs

Extraordinary financial market volatility in the late summer has prompted the Securities and Exchange Commission to look into how exchange-traded products are sold and priced.

October 16, 2015 | 11:58 am

J.P. Morgan, Omega sanctioned by SEC over short-selling practices

J.P. Morgan Chase and Omega Advisors were among six firms sanctioned by the Securities and Exchange Commission over claims that they bet against companies’ stock shortly before participating in ...

October 14, 2015 | 03:36 pm
UBS to pay $19.5 million in first SEC case against structured notes issuer

UBS to pay $19.5 million in first SEC case against structured notes issuer

UBS will pay $19.5 million to settle charges of improper offering materials for a proprietary foreign-exchange trading strategy, the Securities and Exchange Commission announced Tuesday.

October 13, 2015 | 01:56 pm

Blackstone Group settles with SEC on accelerating monitoring fees and disclosure

The Blackstone Group will pay $39 million to settle charges that accelerated monitoring fees and legal fee discounts benefiting the firm were not fully disclosed to investors, who will get $28.8...

October 07, 2015 | 04:06 pm
Former SEC chairmen call for agency to adopt fiduciary rule

Former SEC chairmen call for agency to adopt fiduciary rule

Three former Securities and Exchange Commission chairmen called Tuesday for the agency to develop a fiduciary rule.

October 06, 2015 | 03:40 pm