Pay-to-Play

(a) Prohibitions. As a means reasonably designed to prevent fraudulent, deceptive or manipulative acts, practices, or courses of business within the meaning of section 206(4) ...

Arguments are scheduled next week in a federal court case in Washington, D.C. that could negate the SEC’s ability to hold investment advisers to its ...

Last month, we reported the enforcement action against TL Ventures and Penn Mezzanine, two exempt-reporting advisers that thought the pay-to-play rule didn't apply to them ...

The first settlement by an adviser with the SEC for violating the pay-to-play rule may be known most by the unusual second piece of the ...

Last month we told you it was coming (IA Watch, Oct. 28, 2013) and on Nov. 13th the SEC issued its first exemptive order under ...

More than three years after it adopted a rule against political contributions by advisers that manage public pensions, the SEC is poised to issue its ...

Highland Capital Management ($1.2B in AUM) in Memphis thought they had the perfect man for the job. Rick Masson had retired as the chief administrative ...

You're familiar by now with the de minimis exception contained within the SEC's pay-to-play rule granting employees the right to contribute up to $350 per ...

Two years after the SEC's pay-to-play rule for advisers went into effect firms continue to struggle with how to implement a sound compliance program to ...

Regulatory concerns related to “Pay‐to‐Play” practices under MSRB rules