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The Securities and Exchange Commission was created by the Securities Exchange Act of 1934 in the aftermath of the Great Depression that began in 1929. SEC is the federal agency regulating securities sales, purchases and the offer of notes, most stocks and bonds, evidence of indebtedness and certificates of need. The SEC is the watchdog for the investment industry, being the federal regulator of stock brokerage firms and other investment companies. The Securities and Exchange Commission is the federal regulatory authority that oversees every aspect of raising capital from investors both public and private and regulates public traded companies. SEC contains several divisions known as the Office of  General Counsel, Office of Chief Accountant, Office of Compliance, Inspections and Examinations, Office of International Affairs, Office of Investor Education and the Office of Advocacy and Economic Analysis.



SEC Warns Investors of Phony Web Site Targeting Madoff Fraud Victims ..Click here to read more of this article.
The Securities and Exchange Commission is alerting investors about a Web site that falsely claims to have recovered $1.3 billion in funds hidden by convicted Ponzi schemer Bernard Madoff in Malaysia. The site asks Madoff victims to submit information to verify that they are on a refund list — a ploy commonly used by con artists to further rip off financial fraud victims. Jump to this feature by clicking the title.
SEC Halts Ponzi Scheme Preying on Retirees Attending Estate Planning Seminars ..Find out more on this topic. Click here.
The Securities and Exchange Commission has obtained an emergency court order to shut down a Ponzi scheme targeting retirees in California and Illinois by inviting them to estate planning seminars and later coaxing them to buy promissory notes for purported Turkish investments. To learn more, use the link.
Chief Economist James Overdahl to Leave SEC ..View entire document here.
The Securities and Exchange Commission announced today that Chief Economist James A. Overdahl will leave the Commission to rejoin the private sector after serving since July 2007 as principal economic advisor to the Commission on policy, rulemaking, and litigation support. Jump to this feature by clicking the title.
SEC Charges San Diego Brokerage Firm with Failing to Supervise Broker Who Defrauded Two Florida Municipalities ..View entire document here.
The Securities and Exchange Commission today charged a San Diego-based broker-dealer with failing to reasonably supervise one of its registered representatives who engaged in unauthorized fraudulent trading in the accounts of two Florida municipalities. Use the link in the article title to view the entire news article.
SEC Charges Nationally Known Psychic in Multi-Million Dollar Securities Fraud ..View complete feature using this link.
The Securities and Exchange Commission today charged a self-proclaimed psychic who fraudulently raised $6 million after telling investors he could predict stock market highs and lows. Get more information on this topic by clicking on the link.
SEC Halts Ponzi Scheme Targeting Retired L.A. Bus Drivers ..Click here to read more of this article.
The Securities and Exchange Commission today announced that it has filed fraud charges against a Los Angeles-based investment advisory firm and its principal and obtained an emergency court order to halt a $14.7 million Ponzi scheme targeting retired Los Angeles bus drivers. For additional details, please follow the link contained in the title.
SEC Charges Executives of Iowa Insurance Company With Misleading Proxy Disclosures to Investors ..Full text of this featured news article.
The Securities and Exchange Commission today charged an Iowa insurance company and two executives with proxy disclosure violations, alleging that they inadequately disclosed details about the acquisition of another company and the resulting financial boon to the then-CEO. Find out more about this topic. Go to the link.
SEC Charges Miami Couple in $135 Million Ponzi Scheme Targeting Cuban-American Community ..Additional information on this subject.
The Securities and Exchange Commission today charged a prominent Miami-based business leader and his wife with fraud for conducting a $135 million Ponzi scheme with real estate investments from hundreds of elderly Cuban-American investors living in South Florida. Use the link in the article title to view the entire news article.
SEC and IRS Agree to Work More Closely Regarding Municipal Bond Enforcement ..Click here to read more of this article.
The Securities and Exchange Commission and the Internal Revenue Service today announced that the two agencies agreed to work more closely to monitor and regulate the municipal bond market and industry. For additional details, please follow the link contained in the title.
Fee Rate Advisory #5 for Fiscal Year 2010 ..View entire document here.
Pursuant to Section 31 of the Securities Exchange Act of 1934, the Commission has determined that a mid-year adjustment to the Section 31 transaction fee rate is necessary. Effective on April 1, 2010, the Section 31 transaction fee rate will be set at $16.90 per million. To learn more, use the link.