Enforcement

While it's a confirmed best practice for compliance to review all firm advertising, the act doesn't guarantee a firm or an individual will escape liability ...

At first, Toby Scammell mounted a vigorous defense of charges that he used insider information to earn a 3,000% profit. The 28-year-old California man initially ...

Even before the financial crisis took down the subprime market, the CDO managed by Harding Advisory ($1.1 billion in AUM) in Morristown, N.J. failed, costing ...

The SEC's latest message via best execution enforcement drills a dually-registered firm with fines and penalties in excess of $1 million for purchasing fund shares ...

Frank Dappah attempted to make the leap from the insurance industry to investment adviser but missed a few key concepts along the way. The SEC ...

The one-two punch from the SEC last week came in the form of a new risk alert from OCIE on complying with Rule 105 and ...

Enforcement cases born from the financial crisis continue to wrap up. Last week the SEC hit hard Shadron Stastney for personally benefiting from the sale ...

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 ...

This is a story you may want to print and tape to your firm's refrigerator. The SEC has fined a former portfolio manager $350,000 and ...

Depending on how you read this month's SECALJ decision against the former CCO at the now-defunct Houston-based RIA Stanford Group Company, a disturbing precedent has ...