SEC Case Spotlights Safeguarding and Disposal of Personal Information, Vendor Oversight
The SEC charged a large dual registrant with PII safeguarding and disposal deficiencies, in violation of Regulation S-P.
September 23, 2022
SEC Case Spotlights Safeguarding and Disposal of Personal Information, Vendor Oversight
The SEC charged a large dual registrant with PII safeguarding and disposal deficiencies, in violation of Regulation S-P.
September 23, 2022
SEC Brings Three Cases for Identity Theft Red Flags Rule Violations
The SEC charged three firms for identity theft prevention program deficiencies, in violation of the Identity Theft Red Flags Rule (Regulation S-ID).
August 01, 2022
New Reg BI FAQs Focus on Use of “Adviser” and “Advisor,” Dual-Hatted Employees
SEC staff issued several new FAQs on August 4 on the application of Regulation Best Interest (Reg BI) to dual registrants and dual-hatted employees that may be of interest to IAA members.
August 11, 2020
Dual-Registrants to Pay $35 Million for Unsuitable Recommendations Regarding Single-Inverse ETFs
The SEC fined two affiliated dual-registrants a total of $35 million in connection with unsuitable recommendations to retail investors to buy and hold single-inverse exchange-traded funds, including in retirement accounts.
March 11, 2020
The SEC is seeking a permanent injunction prohibiting future violations of the Advisers Act, disgorgement, and a civil penalty.
November 25, 2019
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