CCO Liability

In the SEC's view, you're not the "only line of defense" against violations. Managers, internal auditors and senior executives share that responsibility with compliance staff, ...

OX Trading provided price improvement by becoming the counterparty to certain customer orders of optionsXpress. As a result of taking the customers’ trades, OX Trading ...

The words had to warm the cockles of their hearts to hear OCIE Director Drew Bowden assure that examiners don't paint targets on CCOs' backs."I've ...

The latest case of the SEC targeting an advisory firm CCO for malfeasance centers not on the firm's lack of fiduciary duty to all of ...

The argument that a CEO shouldn't also be a firm's CCO got a lot stronger as the SEC has mandated that a specific adviser must ...

This dually-registered investment adviser and broker-dealer failed to seek best execution in breach of its fiduciary duty under the Advisers Act and also neglected to ...

This firm settled with the SEC over allegations of a poor compliance shop and disclosure and best execution violations.

A week of high drama gripped legal eagles eager to see how the U.S. Supreme Court ended its term with several high profile decisions. The ...

An open letter to SEC Chair Mary Jo White urges that she take steps to loosen the noose around the neck of compliance officers. What ...

Five officials of a Detroit RIA, including the firm's CCO, stand accused of stealing $3.1 million from their retired police and firemen pensioners. The SEC ...