Risk
Be Wary of Single-Stock ETFs, Warn SEC Commissioner, Education Head
Recommending the new product to retail investors without breaching fiduciary duties could be ‘challenging.’
Tag: SEC
Regulation
SEC Adopts New E- Filing Rules
Changes aim to modernize regulator’s records management process and make filings more accessible to the public.
News
SEC Charges Hedge Fund Adviser With $39 Million Fraud
Andrew Middlebrooks allegedly embezzled money from investors to pay for jewelry, credit card bills and his wife’s business.
Newsmakers
Allianz Global Investors to Repay Over $5 Billion for Securities Fraud
The strategy was sold to approximately 114 institutional investors.
Newsmakers
Firm Charged With Defrauding Disabled People Using Fake Trusts
The SEC alleges that Synergy Settlement Services used funds from deceased beneficiaries’ accounts for golf tournaments and beach parties.
Newsmakers
PSERS Considers Suing Aon for Miscalculating Returns
The pension fund has hired law firm Blank Rome to look into potential litigation.
Newsmakers
You Thought Musk’s Twitter Quest Was Iffy? Check Out These New Snags
Spawning more doubts: the shortfall on its stock price, a federal probe and a pension program lawsuit.
Regulation
Legislators and Council of Institutional Investors Voice Support for SEC Cybersecurity Proposal
One commenter cautions that public reporting could unintentionally give criminals access to sensitive information.
Regulation
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.
Regulation
Private Funds, ESG, Crypto Among SEC’s Priorities in 2022
The regulator released its annual report identifying the greatest risks facing investors and the markets.
Newsmakers
SEC Plan to Bolster Money Market Funds Stirs Ire
Critics warn that the proposed new rules would drive out investors and plan sponsors.
Regulation
Proposed SEC Rules Look to Shed Light on Opaque SPAC Deals
Regulator aims to protect vulnerable investors from being left holding the bag after insiders have ‘cashed out.’
Regulation
Proposed SEC Rules Aim to Rein in High-Frequency Traders
Regulator says algorithmic trading requires expanding the definition of a dealer to level the playing field.
Newsmakers
Brother, Sister Charged in Alleged $124 Million Crypto Fraud Scam
John and Tina Barksdale allegedly defrauded thousands of investors through offerings of a digital token called Ormeus Coin.
Regulation
SEC Proposes Cybersecurity Rule Changes for Public Firms
The regulator wants companies to better inform investors about their risks from hackers.