Securities Arbitration Lawyers BlogHow the SEC Plans to Tackle Fraud and Protect Retail Investors from Unnecessary Risk
The agency plans to get tougher on brokers and firms throughout 2017
The SEC’s Office of Compliance Inspections and Examinations (OCIE) has a new series of goals for 2017. The agency’s department, which is responsible for examining brokers, firms, and financial products to prevent fraudulent activities, identify risks, and inform government policies, has consulted employees throughout the organization to determine its direction for the new year.
Throughout this process, the SEC has focused on three main points of analysis: researching risks for retail investors, looking at risks for retired and elderly investors, and examining overall market risks.