SEC: Enforcement

Meridian failed to conduct an annual review of the adequacy of its compliance P&Ps and the effectiveness of their implementation, nor did it comply with ...

Another lesson this case presents is don’t promise the SEC you will do something—and then not do it

The effect would be to 'reduce the regulatory risk for investment advisers'

A judge has taken over the SEC’s Enforcement Division

There have been a lot of changes at the Commission this year, so many that the Enforcement Division has seen fit to update its staff ...

The calculation was inconsistent with the LPAs, amounted to improper double counting, and had the effect of lowering each Fund’s fee offset

It’s not easy when an all-powerful government bears down on you, pressing you to accept their terms when you’re the one facing potentially enormous legal ...

An adviser president/CCO with a checkered past has moved one major step closer to becoming an SEC RIA after an unusual change of heart by ...

The win rate for the favored accounts hit 91.6% compared with a 31.3%-win rate for the firm’s unfavored accounts

A broker-dealer’s “policies and procedures must address not only conflicts of interest but also compliance with its Disclosure and Care Obligations under Regulation Best Interest”