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IA Rules & Regulatory Actions

Clients, however, did not have this information available to them because execution costs from trading away were not visible to clients on their account documents ...
BDC can acquire an investment adviser
An employer that applied for a PPP loan, received payment, and repays the loan by the safe harbor deadline (May 14, 2020) will be treated ...
The outbreak of COVID-19 has had far-reaching effects, with small businesses being particularly affected by the closures and safety measures designed to slow the spread ...
Three Monsoon employees told Prakash that a use of fund assets for his own personal benefit would breach his fiduciary duty. Prakash placed his personal ...
Within days, Everest closed the Global Fund and Fund investors lost almost the entirety of their investment
During his time on the UBS syndicate desk, Orellana understood that flippers generally did not qualify for retail priority
There is no question that advisers acted in conformity with the Commission’s Form ADV. The Commission cannot turn around now and claim—with the threat of ...
Advisers receiving PPP loans should disclosure this to their clients
The adviser's compliance manual failed to specify any roles or responsibilities for personnel in connection with ascertaining the validity of public statements by Semper concerning ...
The Division would not recommend enforcement action for distributing late a pool's audited financial statements due to certain unforeseeable circumstances
RBC disadvantaged certain retirement plan and charitable organization brokerage customers who maintained accounts at RBC
“The importance of understanding what is happening in the markets is greater than ever”
The change is being made to mitigate potential filing delays due to the ongoing impacts of COVID-19
Jesenik made materially false and misleading statements to investors regarding the financial condition of the Aequitas companies
An adviser should consider whether investments are recommended only to those clients who can and are willing to tolerate the risks
The proposed rule would provide requirements for determining fair value in good faith with respect to a fund
The Commission considered that Cozad self-reported to the Commission staff in the fall of 2018 after learning that the Unaffiliated BD/IA had participated in the ...
The Commission considered that Respondent self-reported its conduct to the Commission pursuant to the SCSD Initiative
Merrill was required to give its clients sufficient information so that they could understand the conflicts of interest
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