Investment Advisers

Like a criminal case, a subject of an SEC deposition can take the Fifth Amendment
The dual registrant will now pay a $5 million penalty
Defendants also violated their fiduciary duty by failing adequately to disclose to their clients the conflict of interest inherent in these transactions
We are consulting with a wide array of experts and stakeholders with diverse perspectives, including investment advisers, including those that manage mutual funds and hedge ...
The Committee is monitoring the investment adviser and investment company space for failures to honor redemption requests at both private funds and registered investment companies
How to direct your 13F questions to the SEC
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
Client services staff should “do a random sampling” each month, pulling 10 invoices and double-checking the math
Digital advisors and broker-dealers sprung up as a way to simplify the lives of ordinary investors. Now those companies that famously disrupted the financial services ...
A peer shares the form the firm uses to document with the client investment objectives
A peer shares the questions the compliance staff asks employees to discover potential new conflicts
RCW exclusive analysis of new Form ADV data, best practices around use of MFN clauses, Coronavirus rejiggers another SEC deadline and much more
A client could sue for breach of contract. “It’s pretty easy to calculate the damages” should that occur
The IAA: The proposal remains vague and would leave advisers open “to second-guessing in hindsight"
5% of advisers use an outsourced CCO compared with 4% in 2019 and 3% in 2018
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 ...
Hester Peirce
I also look forward to the hearing your observations on shareholder engagement at the virtual shareholder meetings that have been held since the pandemic began
The virtual meeting format is something that many companies may have not attempted before.  I look forward to your insights into potential practices that companies ...
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 ...

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