SEC Actions

Burroughs executed a scheme to defraud his investment clients that resulted in him misappropriating approximately $575,000 from three investors

The former CEO of a New York broker-dealer and one of his trusted employees are facing stiff prison terms after they were arrested on charges ...

Regulation Best Interest expressly applies to account recommendations including recommendations of securities account types

A Sacramento-based investment adviser is vowing to fight back against an SEC complaint that accuses him of bilking aging workers and retirees. The Commission says ...

The Commission is granting this nine-month extension because it believes the temporary exemptions from these provisions warrant further consideration

JP Morgan failed to provide available sales charge waivers in at least 58,000 transactions involving approximately 16,734 accounts

A Private Investment Fund or Privately-offered RIC should not be deemed to be "narrowly held"

The defendants’ conduct involved fraud, deceit, or deliberate or reckless disregard of regulatory requirements

An investment adviser/broker-dealer has agreed to pay state authorities $250,000 to settle claims that it failed to supervise a rogue broker/investment adviser, authorities have announced. ...

The SEC claims this case is about lying, forgery, and other deceptive conduct by Alan Seidel and Benjamin Mekawy