US Securities and Exchange Commission - VALIC

SEC Awards $3 Million to Joint Whistleblowers

Washington D.C., June 3, 2019 — The Securities and Exchange Commission today announced an award of $3 million to whistleblowers whose tip launched the SEC's investigation and subsequent successful enforcement action involving an alleged securities…

US Securities and Exchange Commission - VALIC

SEC Charges Investment Adviser With Fraud

Washington D.C., May 28, 2019 — The Securities and Exchange Commission today charged investment adviser Stephen Brandon Anderson with defrauding clients by overcharging advisory fees of at least $367,000. According to the SEC’s order, Anderson…

Volcker Rule

SEC Share Class Initiative Returning More Than $125…

Reflecting SEC’s Commitment to Retail Investors, 79 Investment Advisers Who Self-Reported Advisers Act Violations Agree to Compensate Investors Promptly, Ensure Adequate Fee Disclosures The Securities and Exchange Commission today announced settled charges against 79 investment…

US Securities and Exchange Commission - VALIC

SEC Charges Four Public Companies With Longstanding ICFR…

The Securities and Exchange Commission today announced settled charges against four public companies for ICFR Failures for seven to 10 consecutive annual reporting periods. Two of the charged companies also failed to complete the required evaluation of…

US Securities and Exchange Commission - VALIC

SEC Charges Audit Firm and Suspends Accountants for…

Washington D.C., Dec. 21, 2018 —  The Securities and Exchange Commission today filed settled charges against national audit firm Crowe LLP, two of its partners, and two partners of a now-defunct audit firm for their significant…

CFTC

Federal Court Orders Forex Trading Firm and Its…

Washington, DC — The Commodity Futures Trading Commission (CFTC) announced today that on December 7, a federal court ordered New York firm Wright Time Capital Group LLC (d/b/a Global FX Club) (WTCG) to pay more than $1.48 million…

US Securities and Exchange Commission - VALIC

Two Advisory Firms, CEO Charged With Mutual Fund…

Washington D.C., Dec. 21, 2018 — The Securities and Exchange Commission today announced settled charges against two New York-based investment advisers and the CEO of one of the advisers who selected mutual fund share classes…