The SEC's new custody rule revision calls on advisory firms to have a "reasonable belief" that a custodian sends account statements directly to clients. While ...
A window opened last week on more changes within the SEC's revamped Enforcement Division as Director Robert Khuzami named the heads of five new specialized ...
Shakespeare may have written "caviar to the general," but you may wish to try candy for the troops.As a compliance officer, Devin House always kept ...
A former CCO at a Chicago RIA must pay penalties of more than $150,000 and is barred from the industry for helping her former boss ...
It's almost become a tradition, like a champagne toast on New Year's: The SEC releases a new no-action letter every couple of years that permits ...
California always has to be first. A federal judge there Dec. 28 issued an opinion in a lawsuit that claimed a mutual fund violated its ...
Within the next month, Carlo di Florio, a partner with PricewaterhouseCoopers in New York, will assume the top chair within the SEC's Office of Compliance ...
Make your first stop after the SEC's release of its custody rule be your client contract. Many contracts give the adviser a broad power-of-attorney, which ...
Some of you may have received a special Christmas gift from the SEC's Chicago Regional Office: A two-page letter that asks for numerous documents designed ...
Sometime in March, the SEC's revised custody rule will likely take effect, ticking the clock toward aggressive deadlines for those firms that will need to ...