Advertising/Marketing

Advisers have long grappled with advertising and marketing rules less than clear on topics like backtesting only to witness the SEC’s five commissioners being unable ...

SEC Commissioner Daniel Gallagher has gone out swinging.  The commissioner, no stranger to voicing strong stances on various issues, joined his fellow colleague Michael Piwowar ...

Instead, the majority opinion creates from whole cloth specific requirements for advertisements that include the word “backtest.” Despite the lack of any statutory or regulatory ...

The SEC Sept. 21 charged a New York-based investment adviser and its affiliated distributor with improperly using $25 million in mutual fund assets to pay ...

Bennett and Bennett Group grossly overstated the amount of assets they “managed,” by at least $1.5 billion, in a calculated effort to inflate their profile ...

The words of Ray Lucia once could be heard from coast to coast. He touted the benefits of his Buckets of Money® presentation on a ...

This matter concerns misleading advertisements created by MCI, a New Hampshire-based registered investment adviser, and distributed by MCI and its then principal Mackensen in connection with ...

Broker-dealers aren’t alone in being able to satisfy a component of general solicitation rules by claiming a pre-existing relationship. Recent SEC updates make clear that ...

The Complaint alleged that Primary Assets, Accredited lnvestment, and Catranis used promotional material that exaggerated the profit potential and downplayed the risk of trading futures and ...

Financial advisers, the fund manager and other CAI staff involved in the marketing of the funds made false and misleading statements regarding the risks associated ...