Examinations Enforcement: Settlement

CCA used Fund assets to pay for certain compliance, legal and operating expenses of CCA in a manner not disclosed in the Fund’s offering memoranda ...

JHP did not adequately disclose to the advisory boards of the affected Funds the potential conflicts of interest created by the undisclosed loans and cross-over ...

The verdict’s finally in on a repeat violator and it includes language preventing the adviser’s owners from adding any new clients or assets for a ...

Kelly knew or was reckless in not knowing about, and substantially assisted, SBAM’s violations of the custody rule. Kelly executed the notarized offer of settlement ...

The 2010 Order notwithstanding, SBAM failed to comply with the custody rule in the years that followed. SBAM neither submitted to a surprise examination, nor ...

Respondent willfully9 violated Section 203(f) of the Advisers Act, which prohibits anyone who has been barred from being associated with an investment adviser willfully to ...

Section 203(f) of the Advisers Act states that “it shall be unlawful for any investment adviser to permit [any person as to whom such an ...

This matter arises from misstatements made by registered investment adviser Virtus to certain of its mutual fund clients, to those funds’ shareholders, and to clients ...

The Commission’s complaint alleged that, in the course of his employment as a portfolio manager for his former employer, Wu learned material, non-public information about ...

The Commission’s complaint alleged that Brown participated in three multi-million dollar offering frauds through various entities that he owned and/or controlled. First, between approximately 2008 and ...