Investor Alert: SEC Cautions Coronavirus Investment Scams on the Rise
In February 2020, the Securities and Exchange Commission (SEC) issued an alert, cautioning investors to be wary of scams tied…
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RIA Alert: SEC’s 2020 Examination Priorities Include Additional RIA Examinations
Each year, the Securities and Exchange Commission (SEC) publishes a list of its examination priorities for the coming year. Similar…
Read MoreSEC Adopts Best Interest Rule
On Wednesday, June 5, 2019, the Securities and Exchange Commission formally adopted Regulation Best Interest, establishing a new standard of…
Read MoreSEC ISSUES RISK ALERT FOR BROKER-DEALERS AND INVESTMENT ADVISORS RELATED TO CLIENT PRIVACY ISSUE
The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) has published a risk alert warning of widespread deficiencies in broker-dealers’…
Read MoreWells Fargo Woes Continue: Firm Reportedly Discussing Settlement With DOJ and SEC
As the latest in the seemingly endless flow of regulatory problems at Wells Fargo, the firm is reportedly engaged in…
Read MoreThe SEC’s “Best Interest Rule”: Another Try at Heightened Investor Protection
Since the financial crisis of 2008, consumer advocates and the financial services industry both have advocated for a heightened standard…
Read MoreNew SEC Rulemaking Package Seeks to Enhance Retail Investor Protection and Awareness
On April 18, 2018, the SEC voted 4 to 1 to propose the Standards of Conduct for Investment Professionals Rule…
Read MoreSEC to Consider New Fiduciary Rule Proposal
Signaling the next chapter in the slow moving “fiduciary rule” saga, the Securities and Exchange Commission will meet next week…
Read MoreOGC and Enforcement at SEC Speaks 2018 – Words Matter, Process Matters, Homework Matters
Dennis Stubblefield, a Partner at the firm, recently attended SEC Speaks, the Commission’s annual conference in which senior staff from…
Read MoreWells Fargo Wealth Management Division Faces SEC Investigation on Sales Practices
Wells Fargo & Co. disclosed in a recent regulatory filing that its Wealth Management division, which includes FINRA member firm…
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