Displaying 3237 results
SEC’s Goldman, BNY moves hint at more ESG investigations
The latest developments follow notices the agency released last year around ESG enforcement.
Weiss Asset Management settles with SEC for $6.9 million
The Boston-based hedge fund manager was charged with violating short-sale rules in seven public offerings.
SEC’s ESG integration proposals divide industry
US SIF Forum hears naming restrictions and disclosures for ESG dabblers are up for debate.
Reassessing cybersecurity in a changing world
As the industry waits for the Securities and Exchange Commission’s final rules on cybersecurity, RIAs can take steps now to better safeguard themselves and their clients.
Sweeping US crypto legislation targets stablecoins, mining
While chances of passage are slim ahead of November’s midterm elections, it could act as a starting point for negotiations next year.
SEC weighs sending retail stock orders to auctions for execution
Changes would impact the exchange businesses which display prices and aggregate trading data.
Variability in ESG ratings makes a murky picture for investors
Different methodologies and ratings scales can cast the same security in a slightly different light.
Wall Street’s lawyers attack SEC effort to crush greenwashing
Lawyers are concerned about what they consider vague demands for more disclosure.
SEC charges TradeZero America with deceiving customers
Co-founder Daniel Pipitone allegedly fibbed about allowing purchases of meme stocks.
Crypto libertarians are learning the reason for regulations
As digital assets sell off, some crypto industry leaders are realizing that government rules aren't such an evil thing after all.
SEC orders First Republic to pay $1.8 million over conflicts
The agency says the RIA unit, which breached fiduciary duty over compensation from an affiliate, consented to a cease-and-desist order and a censure.
SEC pries into over 100 traders’, bankers’ phones in texting probe
The agency has been sending firms lists of key positions including heads of certain investment banking teams or trading desks.
Allianz unit to plead guilty, pay billions over hedge fund loss
The agreement calls for the firm to forfeit $463 million and pay $3.2 billion in restitution to victims of the fraud as well as a $2.3 billion penalty.
‘Net zero’ oil firms are selling their dirty assets to private market
Divesting can take away the option of engaging high-carbon companies to do better.
Reg BI turns 2, but not everyone is celebrating
Over the years, some have become convinced Reg BI is a significant step up from brokers’ previous suitability standard. Others remain skeptical that it’s tough enough to curb broker conflicts.
SEC effort to give Reg BI more teeth has yet to bite
It’s not clear when the agency will announce its first major enforcement actions regarding recommendations brokers make to customers, the substantive heart of the regulation.
SEC examining complex ETF products popular in market downturns
SEC Chairman Gary Gensler warns that the products “can pose risks even to sophisticated investors, and can potentially create systemwide risks by operating in unanticipated ways."
US regulators considering Plan B if Congress fails to act on crypto
CFTC Chairman Rostin Behnam says his agency would be a tough regulator for crypto market.
House GOP demands full SEC hearing
Republican lawmakers express concern over expansive SEC agenda that they say exceeds the agency's authority and jurisdiction.
Wall Street regulators consider ‘staggering’ curbs on complex ETFs
The crackdown could hit everything from leveraged and inverse vehicles to cryptocurrency-linked funds and defined-outcome strategies.
