Tag: SEC

State Street Corporation has agreed to pay $333 million as part of a series of settlements with state and federal regulators over allegations it misled investors about the...

It was a big day for Bank of America (BofA), as the bank settled one lawsuit and was handed a new one.

If implemented, financial advisers said a fiduciary standard would put an increased focus on financial planning and fee-based advisory services, according to an industry report.

The Securities and Exchange Commission (SEC) has adopted new rules to better protect money market fund investors.

The Securities and Exchange Commission (SEC) hasn’t taken a position on climate change—but it has offered some new guidance on how firms should take that potential into account...

A former Morgan Stanley institutional financial adviser has settled Securities and Exchange Commission (SEC) charges of securities law violations for not properly disclosing his conflicts of interest.

Among the specialized units unveiled by the Securities and Exchange Commission (SEC) is a unit focusing on investigations involving investment advisers.

The Securities and Exchange Commission (SEC) didn’t waste a breath in filing additional charges against Bank of America (BofA).

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) cannot add new claims to the current case related to Bank of America Corp.’s takeover of Merrill...

FINRA, SEC not yet clear about social networking

The Securities and Exchange Commission has charged a Houston-based broker with engaging in “unauthorized and unsuitable” trading on behalf of two Florida municipalities.

Ponzi was a huge buzz word in 2009, during which we saw almost four times as many investment scams fall apart as in 2008, the AP reported.

The National Association of Personal Financial Advisors (NAPFA) is advocating for reform of 12b-1 fees.

The Securities and Exchange Commission (SEC) has adopted Bernard Madoff-inspired rules that make it more difficult for investment advisers to custody their clients’ assets.

The U.S. Securities and Exchange Commission (SEC) said today it is investigating Bank of America Corp.’s (BofA) failure to disclose Merrill Lynch’s losses to shareholders voting on Merrill’s...

Advisers could be looking at some changes on target-date funds next year—and maybe a change in certain mutual fund fees.

On Monday, the U.S. Department of Labor will present video remarks by Secretary Hilda L. Solis outlining the department’s regulatory agenda.

A U.S. House committee on Wednesday approved the Investor Protection Act, which would expand the power of the Securities and Exchange Commission (SEC).

A federal judge in New York has turned away a request by lawyers from State Street Bank & Trust to postpone preliminarily approving an $89.75-million settlement in a...

The Securities and Exchange Commission (SEC) is taking a hard look at retirement products, including the positioning of target-date funds.