Fees and Expenses

There's a really easy tipoff to examiners that a firm's compliance operation may not be up to snuff. When the firm's asked what it considers ...

Mark Davis owes his new CCO job to a three-year dispute his employer, DeWaay Capital Management ($185M in AUM) in Johnston, Iowa, had with the ...

Sponsors who get caught improperly charging fees to portfolio companies, and who think the issue will stay between them and the US. Securities and Exchange ...

After SEC examiners descended upon a firm and found evidence that clients were being overcharged because account balances weren't being aggregated to qualify for breakpoint ...

The call conjured up a mystery reminiscent of a spy novel, and raised suspicions like a fingerprint left at a crime scene. A peer had ...

It's not every day that an enforcement action against an investment adviser includes news that the CCO resigned over questionable actions by the firm's owner. ...

This private equity adviser and its CEO were charged by the SEC for alleged violations, including with how expenses were handled.

A broker can deal with securities related to the ownership of a privately-held company without having to register as a broker-dealer.

This letter follows on a controversial stance by the SEC that holds that some private equity firms should have to register as broker-dealers because they ...

This Risk Alert summarizes OCIE staff observations on the due diligence practices of certain investment advisers that manage and/or recommend alternative investments to their clients