Carl Ayers
Where we last left the saga of Sands Brothers Asset Management ($64M in AUM) in New York, the CCO had changed his mind about settling ...
Among the plethora of tools mentioned at IA Watch’s IA Compliance: The Full 360° View conference in Washington, D.C. last month, was a memo provided ...
Last week, the SEC’s Advisory Committee on Small and Emerging Companies presented Commissioners with a suggestion to define “accredited investors” as those “who meet a ...
In a settlement that seems to offer an object lesson to those caught in the regulatory crosshairs, Foothill Securities was censured and fined $210,000 by ...
The word-search lexicon at Garden State Securities in Red Bank, N.J., includes “disappointed,” “complaint,” and “regulator” – as well as “off the record” and “talk ...
The adviser had set up a committee to deal with conflicts. The firm’s CFO and CCO formed the entirety of the “conflicts committee.” Problem was ...
This House measure would require the SEC to work with the Department of Labor on any new fiduciary duty standard.
Broker-dealers must supervise private securities transactions where the rep is compensated, under FINRA rules. They also must record the transactions on their books and records. ...
It’s no secret that FINRA takes very seriously private securities transactions by personnel affiliated with broker-dealers (IA Watch, March 4, 2015). Recently, it has been ...