Investment Advisers

Two IT professionals in a big control room of a factory talking.
A look at new SEC proposals, commenters punch back on swing pricing, lessons from a CCO gone bad and much more
Mid adult woman leading a demonstration using a megaphone outdoors
If this were a boxing match, the SEC would be left bloodied—in a contest over the Commission’s proposed mutual fund liquidity risk and swing pricing ...
High quality 3d rendering of a sandstone 'BANK' sign breaking up with cracks
While the impact of the failures of Silicon Valley and Signature banks on the larger economy remains uncertain, pain has trickled down upon the banks’ ...
A peer shares an example of the firm's conflicts questionnaire, issued to staff annually as a way for compliance to spot new potential conflicts of ...
Indian female agent helping client sign the application document
This form is used annually, completed by staff and scoured by compliance to look for new potential conflicts of interest
SEC Commissioner Uyeda
"Today’s proposed amendments are a mixed bag of practical improvements and potentially conflicting requirements"
SEC Commissioner Lizarraga
Given cyber breaches, "we must do everything in our power to enhance cybersecurity practices by market participants and to protect investors’ sensitive personal information"
SEC Commissioner Crenshaw
"When personal information or assets are stolen, the results can be calamitous. It can lead to identity theft, stolen savings, ruined credit, and other effects ...
A business man in denial. An image using humour to represent ignorance, denial and obstinate views we see when people refuse to see the truth.
A host of compliance slip-ups and CCO changes feed into this enforcement action
SEC Chairman Gary Gensler
"Recent recordkeeping charges settled by Morgan Stanley Smith Barney speak to how important it is that market participants properly safeguard customer information"

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