Hugh Kennedy
The falsification of invoices in a bid to make it look like a broker-dealer’s net capital figures reported on FOCUS reports were accurate has led ...
The SEC’s Enforcement Director Nov. 4 again addressed his division’s perspective on compliance officers and how Enforcement approaches cases that involve compliance personnel, but this ...
The SEC has brought its first-ever enforcement action against a private equity adviser and four firm executives for failing to disclose conflicts of interest relating ...
FINRA has adopted a new rule under which the SRO will designate certain broker-dealers for mandatory participation in business continuity and disaster recovery testing. The ...
The SEC’s Division of Investment Management and the Office of Compliance Inspections and Examinations are actively developing a recommendation that would establish a program of ...
The House of Representatives on Oct. 27 passed a bill that would halt the Department of Labor’s proposed fiduciary rule and require the agency to ...
Two brokers for the now-defunct Rochdale Securities have been barred by the SEC for shirking their best execution obligations and engaging in a scheme to ...
Five more broker-dealers have been sanctioned for failing to waive mutual fund sales charges for eligible charitable organizations and retirement accounts. The firms—Edward Jones, Stifel ...
Andrew Donohue has been responsible for legal and compliance functions at Goldman Sachs and Merrill Lynch Investment Managers. “I know how difficult your jobs can ...
Reversing a fund’s investment strategy from investing in distressed debt to betting against it without adequately disclosing the change to the fund’s investors, prospective clients ...