A clear violation occurs if an adviser were to engage in a principal trade without obtaining the consent of the client. Advisers Act section 206 ...
Last year, we told you that OCIE had contracted with a Tennessee company, Capital Confirmation, to do electronic verification of accounts for custody inquiries during ...
The SEC has brought its first-ever case charging a firm and its CCO for failing to report a “material compliance matter” to a fund board. ...
A slew of financial services industry trade associations has banded together to voice their “strong support” for proposed cybersecurity legislation. SIFMA, the Financial Services Roundtable, ...
The gift arrived just days before last Christmas. Four SEC examiners were coming to town, and would arrive just as the New Year began. What ...
Earlier this month, the U.S. Second Circuit Court of Appeals denied the government’s request that the court reexamine its ruling in United States v. Newman. ...
While you’re likely to breathe a sigh of relief once SEC examiners have closed your exam – especially if the outcome were successful – take ...
While wrapping up its presence exam initiative by meeting with about 180 private equity firms, the Securities and Exchange Commission will continue reviewing limited partner agreements, private ...
TPG Capital was sued on Thursday by its former head of public affairs, who accused the private equity giant of ignoring his warnings that the ...
Lynn Tilton and her New York-based Patriarch Partners firms were hit with SEC fraud charges March 30 tied to concealing the poor performance of loan ...