A significant loss to my source list is now the Securities and Exchange Commission’s gain when it comes to oversight of investment advisers and brokers. The agency last week announced that Barbara Roper, director of investor protection at the Consumer ...

The SEC sued the founder of BitConnect, a cryptocurrency exchange platform, for fraudulently raising more than $2 billion from investors in an offering that wasn’t registered with the U.S. Securities and Exchange Commission. The SEC sued founder Satish Kumbhani, 35, ...

A Securities and Exchange Commission’s examination of how financial advisers use online platforms to attract clients could result in redefining an investment recommendation and expanding the reach of the broker advice standard. Last week, the SEC released a request for ...

The Securities and Exchange Commission on Monday ordered eight financial firms to pay a total of $750,000 in fines for deficient cybersecurity protections that led to the exposure of client and customer information at various times over the last four ...

Federated Hermes, a $645 billion asset manager largely concentrated in the money market space, is dipping a toe into ETFs with two actively managed fixed-income strategies it filed with the Securities and Exchange Commission Thursday afternoon. Once approved and launched, ...

The Securities and Exchange Commission ordered SoFi Wealth to pay a $300,000 fine for failing to disclose conflicts of interest surrounding asset allocations to its own exchange traded funds. The enforcement action centered on a decision by SoFi Wealth in ...

The Securities and Exchange Commission halted a Ponzi scheme this week that had bilked senior citizens in New Mexico of millions of dollars. In a complaint filed on Aug. 6 that was opened on Friday, the SEC charged Martin Adrian ...

The battle over authority of cryptocurrency regulation is heating up as the GOP pushes back on Securities and Exchange Commission Chair Gary Gensler’s call for Congress to grant the SEC more authority over cryptocurrency.  Rep. Patrick McHenry, R-N.C., ranking minority ...

A new study into automated investing platforms published Wednesday is attempting to quantify the overall costs of Charles Schwab & Co.’s no-fee robo-adviser on client portfolios.  The research firm Backend Benchmarking estimated the Intelligent Portfolios platform and its high cash ...

Securities and Exchange Commission Chairman Gary Gensler took to social media Tuesday to promote increased disclosure of climate risk by public companies. In a thread on Twitter, Gensler briefly outlined the directive he’s given to agency staff to draft by ...