She states that Today’s "proposal makes numerous sensible revisions. These revisions should help to modernize the information being reported to clients and the Commission. ...
This has become standard practice -- providing relief under Advisers Act rule 206-4(3) to permit a guilty party to continue to offer cash solicitation.
An extension of any length appears to beat no extension at all. That’s the consensus after the Department of Labor announced May 15 that it ...
Three strikes and you’re out. A critical SEC exam best practice is to make sure you address and correct deficiencies previously cited by the Commission and ...
SEC Halts Fraudulent Oil and Gas Scheme and Obtains Asset Freeze and Appointment of a Receiver Over Sameer Sethi and Sethi Petroleum, LLC
During on-site examinations in 2005 and 2007, the Office of Compliance Inspections and Examinations cited numerous deficiencies, including TIA’s failure to complete an annual compliance ...
Massachusetts Resident Pleads Guilty to Criminal Contempt for Violating Court Orders Obtained by the SEC
IA Watch has learned that some Internet-only advisers, including “robo” advisers using computer-based programs, are receiving OCIE exam letters. A separate sweep also appears underway looking ...
As dynamic as the financial services industry can be, all of that flux doesn’t seem to generate material changes in the Form ADV brochures of ...
The road ahead for the Department of Labor’s recent fiduciary duty proposal has many more miles to go but the proposal’s possible impacts are becoming ...