CCO Liability

Chardan, a registered broker-dealer, failed to file Suspicious Activity Reports (“SAR” or “SARs”) when it knew, suspected, or had reason to suspect that certain penny ...

The Commission’s complaint alleged that, from at least March 2012 until January 2014, in connection with the sale of private investment fund membership interests, Khalfani ...

Arlington, a registered investment adviser, issued misleading advertisements about its investment performance in written communications to clients and prospective clients and in weekly radio broadcasts ...

These proceedings arise out of Clayborne’s improper registration with the Commission as an investment adviser, as well as its violation of a Commission rule concerning ...

In addition, the complaint alleged that Mohlman, directly and through MAM, LLC and MAMF: 1) from 2012 to 2014, improperly used Fund II’s assets to ...

It would be fair to declare John Rogicki as a CCO who went bad. The former compliance officer at Train, Babcock Advisors ($434M in AUM) ...

These violations were accompanied by compliance breakdowns—LKL did not conduct requisite annual reviews and failed to implement its policies requiring full disclosure of Love’s outside ...

LaPeruta, formerly Southwind’s Chief Compliance Officer (“CCO”), willfully aided and abetted and caused Southwind’s violations. LaPeruta knew of Southwind’s deficiencies based on specific information provided ...

McClure, repeatedly invested advisory clients' funds in risky securities that generated hundreds of thousands of dollars in undisclosed mark-ups for Westport and resulted in more ...

These proceedings arise out of Respondents’ failure reasonably to supervise Michael Donnelly (“Donnelly”), the former President, CEO and CCO of Coastal Equities and Coastal IA, ...