Thanks to an insider who knew ahead of time that Medicare would jack up reimbursement rates, an IA reaped nearly $4 million in “illegal profits” ...
In the end, the cost to George Palathinkal for lying to the SEC during a fraud investigation turned out to be modest (PF Watch, April ...
Nine months after the SEC charged Leon Cooperman and his New York-based RIA Omega Advisors ($6.1B in AUM) with insider trading and beneficial ownership reporting ...
You hear it so much it can be easy to dismiss it as hyperbole: an enforcement action comes with reputational harm. That appears to ...
The SEC has released another snapshot of the private fund industry. Its latest report on Private Fund Statistics tracks trends through data reported via forms ...
Next Tuesday, George Palathinkal should learn how much time he may have to spend behind bars. The 55-year-old former CFO of an investment adviser lied ...
An unidentified investment adviser in Chicago trolling a hedge fund database came upon another adviser who claimed impressive returns using a “proprietary” algorithm. The Chicago ...
Stray from your valuation P&Ps and you up your risks of regulatory trouble. Same goes if you routinely fail to use the valuations supplied by ...
The old adage regarding your compliance policies and procedures rings true again: Do what you say you’re going to. That lesson has come home for ...
Include in your definition of personally identifiable information any “security code, access code or password that would permit access to an individual’s financial account.” ...