The alleged scheme didn't involve swindling investors out of their assets but still cost the adviser dearly. The SEC alleges Hovan Capital Management in Belvedere, ...
Every two years, NASAA releases a compilation of exam results and the latest version shows it means business in taking over thousands of new advisers ...
With doubts running rampant that Congress will ever approve user fees to pay for IA exams, many predict the time's ripe for an SRO for ...
A quality compliance program must have discipline. "I think it's hard to claim that if you're not working from some kind of [compliance] calendar," believes ...
Securities lawyers had varying opinions on the impact of last week’s federal appeals court decision that prohibits FINRA from using the courts to force rule-violators ...
Investment Company Act of 1940 — Section 17(a), 17(d) and Rule 17d-1 Morgan Stanley Institutional Fund of Hedge Funds October 7, 2011 RESPONSE ...
A peer shares here a Word file that is a quarterly compliance attestation that employees are required to sign. This is a best practice to, ...
The Securities and Exchange Commission’s (“Commission”) National Exam Program (“NEP”) has identified the master/sub-account trading model as a vehicle that could be used to further ...
Industry proponents are applauding the Department of Labor's decision to "re-propose" its plan to redefine the definition of a fiduciary under ERISA for the first ...
A new FinCEN report that analyzes suspicious activity reports (SARs) finds identity thieves prefer to target existing accounts rather than set up phony new ones. ...