The final rule estimates initial costs to satisfy the revised rule 'will range from $50,000 to $500,000 per fund.' For those funds that will have ...
The adviser would 'periodically' have its disclosures 'reviewed and revised by WAM’s internal and external legal and compliance professionals, but those revisions did not adequately ...
'“Look at red flags like cockroaches. If you see one, you should start looking for more just to make sure you don’t have a real ...
SEC found Deutsche Bank subsidiary made materially misleading statements about its controls for incorporating ESG factors into research and investment recommendations
Revised rule 35d-1 would mandate a fund have a P&P mandating it invest at least 80% of its assets in accordance with its name, plus ...
This case offers lessons around the need to uncover unauthorized outside business activity, for compliance officers to dig deeper when they detect red flags, to ...
A band of 26 industry group's send letter to SEC chairman claiming proposal creates a wide range of negative consequences across the U.S. financial markets
The OCC warned the SEC that the rule might sow confusion in the banking industry
Firm and President/CCO failed to implement P&Ps to ensure it understood the material features and risks of complex products
Guidance offers prep tips for before, during, and after a Commission examination