SEC: Enforcement

The 16 firms pointed to an SEC enforcement settlement in January over off-channel communications that they contended ended with better terms than theirs

The lesson arising from a new SEC enforcement settlement against an investment adviser teaches that if money later comes to the firm via a lawsuit ...

Sources tell RCW that Elon Musk’s DOGE teams are poking around the Commission and that all staffers have been instructed to cooperate with them and ...

"Advance Capital Management failed to consider whether pending class action claims could be monetized for the benefit of ACI’s shareholders prior to redemption"

'We are going to see the end of regulation by enforcement, which I think is welcomed by many of our clients'

A new final rule from the Commission takes away the Enforcement Division’s 16-year-long authority to issue subpoenas and launch a formal investigation on its own

The SEC amends its rules regarding delegating the Commission's authority to issue formal orders of investigation to the director of the Division of Enforcement, which ...

Two different approaches to a fundamental compliance obligation—disclosing relevant information to clients

It can pay to have checks and balances in place, but only if the check does the job thoroughly—especially if the monitor holds the title ...

"As chief compliance officer, [he] had 'overall responsibility for monitoring and testing compliance with the Firm’s policies and procedures'”