Failure to supervise

Recent months have featured a few of these cases, in which compliance staff at financial services firms have been cited for failing to keep a ...

Recent months have produced a rash of cases alleging a failure to supervise or to perform compliance duties (IA Watch, Oct. 26, 2009). The most ...

While his brother Bernie languishes behind bars, Peter Madoff - the former CCO of Bernard L. Madoff Investment Securities (BMIS) - faces no criminal charges. ...

A free lunch can cost dearly. The SEC alleges several reps ripped off seniors invited to a free meal by pitching them unsuitable variable annuities. ...

An investor tells IA Week he twice instructed his adviser to pull his funds out of the market. The adviser allegedly ignored the requests and ...

Picture this: A fund you're considering investing with uses an accounting firm you've never heard of. You hire a private investigator to stake out the ...

NFA Compliance Rule 2-9 requires Members to supervise diligently the futures-related activities of their employees and agents. Obviously, all Members should carefully screen prospective APs, ...