Home Cross-Trades


Before engaging in a principal trade, an adviser would first have to disclose certain information to the client
The adviser did not have procedures or controls in place to identify or monitor cross trades involving RICs. It also did not conduct any testing ...
This tool can help you test compliance with cross trade rules
The most embarrassing evidence examiners uncovered was firms that prohibited such trades yet were unaware that “these trades had occurred.” The risk alert encourages best ...
Nearly two-thirds of the examined advisers received staff-issued deficiency letters, which addressed the staff’s observations regarding a variety of topics. However, the vast majority of ...
The SEC's adoption of the valuation rule has generated questions about its impact on cross trades
"I look forward to hearing insights from commenters about how we can facilitate fixed income trading in ways that benefit investors and our markets"
If you would like to let the staff know your views regarding these issues, we are providing an email box as a convenient method for ...
A Kansas private fund adviser thought it could save its clients a few bucks but it didn’t properly disclose or manage its cross-trading policies, and ...
$125,000 in fines for failing to obtain client consent

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