Best Execution

Recent enforcement actions demonstrate that best execution hasn’t slipped from regulators’ list of inquiring topics.   An examination by IA Watch of several best execution ...

A peer shares an example of his firm's "scorecard" for judging which brokers to use under its best execution policy.

Two brokers for the now-defunct Rochdale Securities have been barred by the SEC for shirking their best execution obligations and engaging in a scheme to ...

Tunick knowingly put the interest of his Customer ahead of the interest of Rochdale's other customers. Also as a result of Tunick’s conduct, Rochdale essentially ...

As a result of Burke’s misconduct, certain other Rochdale customers generally paid higher average prices on purchase orders or received lower average prices on sale ...

It’s well established that seeking best execution doesn’t rest on price alone (IA Watch, Nov. 1, 2010). A new decision by an SEC ALJ bars ...

This speech from 2001 outlines SEC expectations for best execution and valuation, especially for fund advisers

Few transactions offer less transparency and price comparisons than derivatives. There aren’t clear best execution obligations for these instruments. However, if your firm trades in ...

The punishment for a CCO that failed to adequately disclose a conflict of interest that generated $1 million in commissions includes a 12-month industry bar. ...

This case's settlement included a CCO being suspended for one year due to poor Form ADV disclosures and best ex issues.