One adviser hid a fraud by impersonating the fund's supposed auditor. The other adopted the identity of a baby who had died more than 30 ...
The efforts to sway the SEC's ongoing study around possibly expanding the fiduciary duty standard to retail broker-dealers continues (IA Watch, Sept. 13, 2010). This ...
Two results of last week's national elections likely will be Rep. Spencer Bachus (R-Ala.) assuming control of the House Financial Services committee and Sen. TimJohnson ...
Last week's SEC no-action letter seemed to come out of nowhere yet it served to send a statement to fund boards that they're ultimately responsible ...
Expect an early Christmas gift from the SEC this month or next in the form of guidance for those advisers that have under $100 million ...
The days of SEC regional offices conducting their own style of exams may be drawing to a close. OCIE continues to move toward putting a ...
The procedures broker-dealers might have implemented to disclose certain information about complex products to customers might help them fill out a wider-ranging disclosure document that ...
SEC commissioners voted unanimously Wednesday to propose new rules expanding the agency's whistleblower program in accordance with the Dodd-Frank Act (IA Watch, Oct. 4, 2010). ...
In a Nov. 2 letter to the SEC, FINRA CEO Rick Ketchum reiterates his organization’s belief that an SRO is necessary for investment advisers and ...
We told you that so-called Chicago letter was getting around, and that the New York Regional Office of the SEC was giving it a test ...