Carl Ayers
A peer shares the firm's SEC document request letter. The firm had never been examined before. A topic pursued by examiners was how the firm ...
An SEC sweep exam looking at pay-to-play issues most likely explains this document request letter. This came out of the SEC's Chicago regional office.
An SEC official has some advice for GPs: Pay close attention to your waterfall calculations. SEC Examiner and Private Funds Unit Co-Head Jennifer Duggins ...
Read the Department of Labor’s new final fiduciary rule and its level-fee exemption seems like it would be a breeze (see related story). The most ...
You may have doubts that your clients read your Form ADV brochure word-for-word but know that OCIE has technology that scans it, using the findings ...
More voices have joined the chorus addressing the Department of Labor’s final fiduciary rule (IA Watch, April 6, 2016). The final rule also provided ...
In accordance with Section 764 of Title VII (“Title VII”) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), the Securities ...
It’s hard to comply with the rules when the regulator’s not transparent about them. Take the idea that CCOs at swaps dealers and futures commission ...
FINRA takes seriously the idea that research reports must be objective and transparent. And you don’t get a pass just because the information you distributed ...
It’s the ultimate defense: that FINRA lacks the legal authority to enforce securities laws. And that is the nub of a novel complaint recently filed ...