Examinations Enforcement: Settlement

Barouti would fill out the Investor Suitability Questionnaire and Subscription Agreement with his customers, including checking all boxes attesting to the customer’s high-risk tolerance, and ...

To apply substituted compliance for the Commission’s capital requirements, however, MUFG Securities EMEA was obligated under the SEC UK Entities Order to have made and ...

Munakata’s president acted as an authorized agent with power of attorney on five clients’ accounts so had access to and/or the ability to obtain ...

By moving those trades from his own account to some of his clients’ and customers’ accounts, Costello transferred his unrealized trading losses to some of ...

Markan solicited approximately ten of his brokerage customers from three separate states to invest, collectively, approximately $2.9 million in a purported private equity fund. Markan ...

Rather than responding that he didn't have any records responsive to the staff’s request, Moors created three documents entitled Annual Compliance Calendars and purported to ...

The adviser erroneously billed and collected advisory fees on alternative investment positions, although no fees were supposed to be assessed on those positions

CCO persuades RIA president to sign back-dated documents during an SEC exam and faces a fine for doing so

The most common alteration Ballek made to documents submitted to examiners was changing the dates the forms were signed by the portfolio manager or herself ...

The adviser did not adequately disclose all material facts regarding the conflicts of interest that arose when employer plan participants considered rolling over their assets ...