Best Execution

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 ...

Order routing and execution practices have morphed in a big way over the past 18 years as technology and innovation have yielded securities markets that ...

Harbour failed to fully and fairly disclose to its advisory clients compensation it received under a marketing services agreement with a third-party broker-dealer (“Custodian A”) ...

FWA failed to disclose that it had a conflict of interest as a result of the additional compensation it received for those share class selection ...

That new OCIE risk alert represents only the latest effort by the SEC to drill into firms their obligation to seek best execution (IA Watch, ...

The Office of Compliance Inspections and Examinations (“OCIE”) is issuing this risk alert to provide investment advisers (“advisers”), investors and other market participants with information ...

OCIE’s second risk alert of the year has hit the street and it includes a litany of actions to avoid if you wish to skip ...

These proceedings arise out of breaches of fiduciary duty, inadequate disclosures, and deficiencies in compliance policies and procedures by registered investment adviser SAA in connection ...

These proceedings arise out of improper mutual fund share class selection and billing practices by PNCI, a registered investment adviser and broker-dealer. First, from at ...

These proceedings arise from a series of failures by Geneos, a registered investment adviser and broker-dealer, in connection with its mutual fund share class selection ...