Administrative Proceedings

These proceedings arise out of fraudulent conduct perpetrated by Chris Rosenthal, a former financial adviser with UBS Financial Services Inc. (“UBS”), in the municipal securities ...

Despite the fact that some BSP employees spent a percentage of their time on tasks not related to the BSP, NBAA, acting negligently, did not ...

The dual registrant's AML program was not reasonably designed to account for the risks associated with these additional services used by customers in their ...

This matter arises from Yucaipa’s negligent failure to disclose several financial conflicts of interest to the funds, as well as Yucaipa’s misallocation of fees and ...

Kessler, the sole owner of an investment adviser, was a registered investment adviser representative and engaged in a number of prohibited business practices by an ...

L&C’s policies and procedures did not include any factors it considered when selecting a broker for its clients or how it obtained the most favorable ...

These proceedings arise out of Natixis’ failure to submit to the Commission complete and accurate data in response to Commission staff electronic blue sheets (“EBS”) ...

These proceedings arise out of Citadel’s failure to submit to the Commission complete and accurate data in response to Commission staff electronic blue sheets (“EBS”) ...

From May 22, 2015 to March 30, 2018 (the “relevant period”), MUSA submitted 3.860 EBS to the Commission, containing 687,176 transactions, nearly all of which ...

Although this accounting error was not quantitatively large as a percentage of net asset value or net income, KCAP determined that the erroneous recording and ...