CCO Liability

The complaint alleged that Roberts knowingly provided substantial assistance to this scheme by among other things, tracking the funds’ losses or gains for the month ...

These proceedings arise out of the failure by Cadaret Grant, Grant and Johnson (the “Supervisory Respondents”) reasonably to supervise Cadaret Grant’s registered representatives with respect ...

Imagine informing your regulator about the need for more compliance resources. In effect, that’s one of the elements the CFTC will require in the annual ...

Throughout his employment at NW Capital, Morris reported to Fagan as his first-level supervisor. During the relevant period, Fagan also was the supervisor responsible for ...

Talk of CCO liability has diminished of late but two new SEC enforcement actions may spark some fresh whispers about the risks of the job. ...

The complaint also alleged that from at least 2012 through 2016, Jarrell offered and sold unregistered promissory notes issued by Providence Financial Investments, Inc. (“PFI”) ...

Ryan, BISC’s Chief Compliance Officer during the relevant period, participated in, along with others from the firm, the firm’s development of procedures for obtaining and ...

The elderly client had lost her husband only three months before when her adviser, George Taylor of Temenos Advisory ($107M in AUM), persuaded her to ...

Devlin, then a managing partner and the Chief Compliance Officer (“CCO”) of a private equity adviser (“Adviser”), arranged for an Adviser-managed fund to invest in ...

Temenos Advisory, Inc. and George L. Taylor steered advisory clients and other investors, including senior citizens and individuals approaching retirement, into four risky, illiquid private ...