SEC Risk Alert Focuses on MNPI and Code of Ethics Compliance Issues
The SEC has issued a risk alert on MNPI and Codes of Ethics.
April 28, 2022
Tags: Code of Ethics, MNPI, SEC Examinations
SEC Charges Quantitative Analyst in Front-Running Scheme
The SEC has charged a quantitative analyst in a front-running scheme the SEC claims resulted in over $8.5 million in trading profits.
October 06, 2021
Tags: Code of Ethics, Insider Trading, MNPI, SEC Enforcement
Use of Alternative Data by Investment Advisers
The search for “alpha” by investment advisers has led to new ways to capture and utilize data in the investment decision-making process.[1] Many advisers believe that incorporating alternative data, which...
July 20, 2021
Tags: Alternative Data, Columns, Compliance Corner, Insider Trading, MNPI
SEC’s Gensler Questions Executive Stock Ownership Plans
SEC Chair Gary Gensler Pointing to “real cracks in our insider trading regime,” SEC Chair Gary Gensler told a Chief Financial Officers forum on June 7 that he’s asked...
June 09, 2021
Tags: Caroline Crenshaw, Gary Gensler, IAC, Insider Trading, MNPI
SEC Enforcement Breaks Records for Total Disgorgement, Penalties, and Whistleblower Awards
The SEC’s Division of Enforcement’s 2020 annual report shows a record in total monetary remedies during the fiscal year (FY) ended September 30, 2020 of $4.680 billion, as compared to...
November 05, 2020
Tags: Fees and Expenses, Insider Trading, MNPI, SEC Enforcement, Share Class Disclosure, Wrap Fees
LA PE Fund Adviser Pays $1 Million to Settle MNPI Charges
LA PE Fund Adviser Pays $1 Million to Settle MNPI Charges June 5, 2020 A Los Angeles-based private equity fund adviser has paid $1 million to settle charges that...
June 05, 2020
Tags: Compliance, MNPI, Private Equity, SEC Enforcement