Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

SEC launches new enforcement action search tool for investors

Joe Mont | May 3, 2018

The Securities and Exchange Commission has announced the launch of a new, online search feature that enables investors to research whether the person trying to sell them investments has a judgment or order entered against him in an enforcement action.

The database is intended to assist the public in making informed investment decisions and avoiding financial fraud. 

The SEC Action Lookup for Individuals (or SALI), announced on May 2, is intended to help identify registered and unregistered individuals who have been parties to past enforcement actions and against whom federal courts have entered judgments or the Commission has issued orders. 

“One of the SEC’s most important tasks is to arm our investors with the tools necessary to identify potential fraudsters. An important...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.