Fees and Expenses

Compliance shortfalls were found. KKR did not adopt and implement a written compliance policy or procedure governing its broken deal expense allocation practices until 2011.

Five years after the latest amendments to the SEC’s custody rule, many questions about it persist. IA Watch’s May 19 custody webinar—counting more than 700 ...

One year after his predecessor talked about compliance for private equity fund advisers (IA Watch, May 12, 2015), OCIE’s Acting Director Marc Wyatt added his ...

It’s no secret that the SEC has long trained its regulatory glare upon transaction-based compensation and entities that aren’t registered broker-dealers (IA Watch, May 26, ...

Regulator interest in how private equity fund advisers assess and disclose fees and expenses has been as transparent as a stadium scoreboard. Irony exists in ...

Over a period of four years, Alpha Titans, an investment adviser registered with the Commission that advises private funds, and its principal, Timothy P. McCormack, ...

Despite current regulatory disclosure requirements, investors are confused about the fees charged by brokerage firms to service and maintain their accounts, according to a new ...

      Investment Company Act of 1940 — Sections 12(d)(1)(A) and (B) and 17(a) Franklin Templeton Investments April 3, 2015 RESPONSE OF THE OFFICE ...

Lynn Tilton and her New York-based Patriarch Partners firms were hit with SEC fraud charges March 30 tied to concealing the poor performance of loan ...

The adviser had set up a committee to deal with conflicts. The firm’s CFO and CCO formed the entirety of the “conflicts committee.” Problem was ...