SEC: Enforcement

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”

Barouti would fill out the Investor Suitability Questionnaire and Subscription Agreement with his customers, including checking all boxes attesting to the customer’s high-risk tolerance, and ...

"It makes little practical sense for the Commission to compensate investors who suffered losses from transactions in Barclays’ ordinary shares on the LSE. When investors ...

To apply substituted compliance for the Commission’s capital requirements, however, MUFG Securities EMEA was obligated under the SEC UK Entities Order to have made and ...