SEC: Enforcement

A former CIO may be heading to jail as his former employer digs deep into its pockets to pay the SEC $100 million for a ...

The firm's code of ethics required employees to obtain pre-clearance in writing from the chief compliance officer before engaging in personal trading. Rice failed to ...

The pattern was the same every time. His employer would receive confidential information about a healthcare company. Before the information became public, Li traded in ...

The CIO predominantly placed trade orders through telephone calls with traders at brokerage firms. He didn't use the adviser's system and didn't document or ...

This could be a bad year for the SEC’s ability to seek disgorgement

The 9-0 ruling declared that the Commission doesn’t have to show actual monetary losses by investors before assessing disgorgement

The B-D took the position that customized investment plans were not 'recommendations' and so not subject to Reg BI. The firm therefore didn't change its ...

Director says SEC Enforcement Division will emphasize quality over quantity and get "back to basics"

Prior policy had required defendants to agree not to publicly deny the SEC's allegations in complaints or administrative orders

"Settlements shrouded in forced silence by the non-governmental party do not serve either the markets or the Commission’s investor-protection mission"