SEC Actions

Helikon did not qualify for an exception to Rule 105 when it purchased shares in the Offering

Oseas Zuluaga knew, or should have known, that Revere’s proprietary holdings should have been included in the calculation of Revere’s net capital

Coda did not always provide its subscribers with information indicating where their orders had been routed or executed

Certain MMLIS and MSI advisory clients to invest in share classes of mutual funds in the Clearing Broker’s NTF and TF Programs that resulted in ...

Korth did not have policies and procedures concerning riskless principal transactions until March 2018. The policies and procedures Korth adopted in March 2018 were not ...

Regal’s compliance manual designated Yarch with implementing Regal’s compliance program as well as monitoring and updating Regal’s Form ADV disclosures. In November 2019, Regal adopted ...

BFC’s Form ADV Part 2A brochures disclosed that advisory clients “may incur” 12b-1 fees, and that because IARs “may receive 12b-1 fees … there is ...

By causing certain advisory clients to invest in share classes of mutual funds that charged 12b-1 fees or share classes of money market funds that ...

Diastole’s Form ADV Part 2A brochure filed with the Commission, which Eden signed, disclosed that the Company was a Diastole service provider and that some ...

The syndicate desk allocated oversubscribed bonds to orders for flippers ahead of institutional customer and dealer orders. RBC failed reasonably to implement the WSPs it ...