An open question is circulating among a group of advisers about whether firms that serve institutional clients – yet also feature wrap fee programs that ...
The SEC asked private fund advisers and others in June about the wisdom of permitting non-accredited investors to participate in private offerings. The Commission heard ...
A New Jersey broker-dealer will spend the next three years in prison after he pleaded guilty to charges he swindled an elder couple out of ...
A New York investment adviser didn’t hire a public accountant to audit its subsidiary’s private fund and now its bank account is $250,000 lighter, the ...
Eyes are peering upon a draft that could eventually become the SEC’s proposed new IA advertising rule. In yet another sign that a long-awaited proposal ...
As an attorney, Dan Ball would be hired by investment advisers to advise them on legal and compliance issues. Then, one long-time client had an ...
A California lawyer has agreed to at least one year of debarment to settle claims that he defrauded his private pool investors by concealing his ...
It’s no secret that the self-regulatory organizations developing the Consolidated Audit Trail have missed a slew of milestone completion dates (BD Watch, Aug. 30, 2018). ...
It’s expected that the promised revision to the Advisers Act’s nearly 60-year-old advertising rule will address social media. That insight came out of a recent ...
Investment advisers are struggling with disclosure rules tied to agency cross trades, and when selling or buying securities from their clients—especially when pooled investments are ...