Guidance update speaks to whether or not FINRA filing would be required.
The SEC says state of Illinois misled municipal bond investors about the state’s approach to funding its pension obligations. State says it'll settle.
The SEC said there are several areas of heightened risk it plans to examine this year, including sales practices, fraud at broker-dealers.
Agency accuses Illinois businessman of fraudulently luring investors into scheme focused on building a hotel and conference center.
Does a 7.75% rate on a CD grab your fancy? Indeed, and exactly this was an offer at Her Majesty’s Credit Union in the Virgin Islands.
Does a 7.75% rate on a CD grab your fancy?
On the heels of the announcement that SEC Chairman Mary Schapiro would be leaving the agency on Dec. 14, other officials followed suit.
Other priorities next year will include hiring more examiners to police advisers, JOBS Act rulemaking on Reg D, crowdfunding.
A current SEC commissioner who has worked at the agency in several capacities, Elisse Walter has been tapped to become the new SEC chairman.
Schapiro among longest-serving agency chairmen; SEC touts accomplishments of her tenure.