Settling SEC Charges of Disregarding Client Instructions Costs Kansas Adviser, CEO Nearly $7.7 Million December 18, 2019 A Kansas-based investment adviser and its president, CEO, and majority owner are...
December 18, 2019
Tags: SEC Enforcement
SEC Enforcement Actions against Investment Advisers Continue to Mount in FY 2019
SEC Enforcement Actions against Investment Advisers Continue to Mount in FY 2019 November 25, 2019 The SEC’s Division of Enforcement’s 2019 annual report shows a significant increase in enforcement...
November 25, 2019
Tags: SEC Enforcement
SEC Co-Director of Enforcement Outlines Additional Areas of Undisclosed Conflicts
SEC Co-Director of Enforcement Outlines Additional Areas of Undisclosed Conflicts November 25, 2019 In a recent speech, Stephanie Avakian, Co-Director of the SEC’s Division of Enforcement, discussed the Division’s...
November 25, 2019
SEC Fines Broker for Misrepresenting that its Automated Calculator Selected the Most Economical Mutual Fund Share Class for Customers November 25, 2019 In a case that will have ramifications...
November 25, 2019
SEC Charges Dual-Registrant in Connection with Share Class Disclosures and Principal Trading Violations November 25, 2019 The SEC filed a complaint against a Massachusetts-based dual-registrant for failing to disclose...
November 25, 2019
Tags: Dual Registrant, Massachusetts, SEC Enforcement, Share Class Disclosure
SEC Fines Adviser for Failing to Comply with Trade Aggregation Policies
SEC Fines Adviser for Failing to Comply with Trade Aggregation Policies December 18, 2019 The SEC censured and fined a Chicago-based investment adviser $50,000 for failing to comply with...
November 25, 2019
Tags: SEC Enforcement, Trading