SEC Releases Archives - Page 5 of 88

SEC Announces Cyber and Emerging Technologies Unit (CETU)

SEC RELEASES Introduction With Cybersecurity and Artificial Intelligence as top priorities for the SEC in 2025, the SEC announced February 20th, 2025, the creation of […]

RIA Charged for Breaching Fiduciary Duty

SEC RELEASES Introduction The SEC charged a New York RIA, and one of its former Investment Advisors, for misconduct involving their retail clients. Fiduciary Duty […]

Form PF Amendments Compliance Date Extension

SEC RELEASES Introduction On January 29th, 2025, the SEC and CFTC extended the compliance date for the amendments to Form PF that were adopted on […]

Misleading Cybersecurity Disclosure Leads to SEC Charges

SEC RELEASES Introduction On January 13, 2025, charges were announced against an Alternative Asset Management Company for false and misleading cybersecurity disclosures. Cybersecurity was a […]

Improper Private Fund Expenses | Managers and Owner Charged

SEC RELEASES Introduction The SEC settled charges against two (2) Fund Managers and the Sole Owner for expenses charged to their Private Funds. The SEC […]

Record Number of SEC Enforcement Actions | Q1 of FY 2025

SEC Releases Introduction The SEC recently announced the results of their Enforcement Actions for the first quarter of their 2025 fiscal year. The number of Enforcement Actions is at […]

$63.1 Million in Penalties for Recordkeeping Failures (12 Firms Charged)

SEC RELEASES Introduction The SEC continues to investigate and charge Firms that fail to meet regulatory requirements around recordkeeping. On January 13, 2025, nine (9) […]

Names Rule FAQ Released by the SEC

SEC RELEASES Introduction The SEC recently published an FAQ to answer certain industry questions surrounding the amendments to the Names Rule adopted in 2023. The […]

3 Firms Charged for Delayed Form D Filings

SEC RELEASES Introduction Three (3) Firms were charged $430,000 in total on December 20th, 2024 for failing to timely file Form D for Unregistered Securities […]

Firm Charged $15 Million for Failure to Prevent and Detect Fraud

SEC RELEASES Introduction After four investment advisers and registered representatives (hereby, financial advisors) were charged with stealing millions of dollars, their firm was charged a […]

Form PF Failures | $790k in Fines

SEC Releases Introduction Charges were announced on December 13th, 2024, against seven (7) Private Fund Advisers due to their failure to file Form PF. Private Fund Advisers with at […]

2024 SEC Enforcement Results

SEC Releases Introduction The SEC has released their enforcement results for fiscal year 2024. This year was a record-setting year for financial penalties and remedies. As SEC Chair, Gary […]