Conflicts of Interest

Many of the deficiencies discussed below may have caused investors in private funds to pay more in fees and expenses than they should have or ...

The attorney for a former compliance officer at an upstate New York broker-dealer is claiming vindication for his client after state regulators in Massachusetts filed ...

The SEC was clear in detailing what was lacking from a disclosure standpoint

A private fund isn’t a personal fund, and the SEC has just driven the point home by barring a Maryland investment adviser for helping himself ...

A peer shares the questions the compliance staff asks employees to discover potential new conflicts

The SEC alleges material misstatements were made to hedge fund investors

Lapse in forming an Investor Advisory Committee an issue

HSBC Securities provided false and misleading disclosures to clients about its IARs’ conflicts because it stated that IARs did not receive compensation based on advisory ...

Failed to adequately disclose how their clients' investments were tied to the Aequitas enterprise

Documents supporting RAUM figure found to be misleading