SEC Charges Adviser with Selective Disclosure of Fees, Compliance Program Violations
SEC charges adviser for failing to disclose foreign exchange fees and Compliance Rule violations.
April 07, 2023
Tags: Fees and Expenses, SEC Enforcement
OFAC Announces Improved Website
OFAC has a new website with additional search capabilities.
April 07, 2023
Tags: AML, OFAC, Treasury Department
Peirce and Uyeda Dissent on Best Ex Violations
SEC Commissioners Peirce and Uyeda dissent on best execution violations in share class selection disclosure enforcement action.
March 09, 2023
Tags: Best Execution, SEC Enforcement, Share Class Disclosure
Adviser Fined for Unlawful Cross-Trades and Principal Transactions
An adviser was fined for unlawful principal and cross-trades after implementing an automated trade matching program.
December 01, 2022
Tags: SEC Enforcement, Trading
Adviser Wins Jury Trial on Share Class Disclosure Charges
In a rare defeat for the SEC, an adviser won a jury trial involving share class disclosures.
November 11, 2022
Recordkeeping Cases Ensnare Large Brokers, RIAs Next
On the heels of a group of recent settlements of charges relating to record-preservation practices at large brokerage firms, the SEC is turning its attention to investment advisers – conducting an enforcement sweep of record-retention practices at large advisers of all types.
October 19, 2022
SEC Fines Adviser for Failing to Promptly Repay Money Borrowed from Private Fund
The SEC fined a private fund adviser for not promptly repaying a loan to a fund advised by the adviser.
October 13, 2022
Tags: Private Funds, SEC Enforcement
Gomez Confirmed as Assistant Secretary
Lisa Gomez has been confirmed by the Senate as assistant secretary of labor for the Employee Benefits Security Administration.
October 04, 2022
Tags: DOL
SEC Private Fund Adviser Enforcement Action Focuses on Undisclosed Cost Components of Fees
SEC brings enforcement actions against private fund advisers for charging unauthorized fees.
September 26, 2022
Tags: Private Funds, SEC Enforcement
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
Tags: Dual Registrant, Reg S-P, SEC Enforcement