CCO Liability

One must be pretty bad in the compliance role for the SEC to bar a person from serving as CCO.   In a new settlement, ...

Recorded: 07-25-2017

This matter involves violations of the Advisers Act by Bradway Financial, a Commission-registered investment adviser, Bradway Capital, an investment adviser that claimed to be exempt ...

You can assume Andrea Sayago’s busier than the average CCO – given that she’s the named CCO for 11 RIAs.   Like Sayago, Cheryl Vohland’s ...

From 2012 through 2014 (the “Relevant Period”), Enviso Capital and two of its principals, Bowers and LaBerge, materially overstated the value of two private funds ...

Eric David Wanger was the owner, chief compliance officer, and president of Wanger Investment Management, Inc. (“WIM”), a formerly Commission-registered investment adviser. In order to ...

These proceedings arise out of Respondent’s failure to perform his responsibilities as the anti-money laundering (“AML”) officer of a registered broker-dealer, resulting in the broker-dealer ...

On May 31, 2013 – ostensibly to comply with the soon-to-be entered June 3, 2013 Commission Order – Scott resigned from all of his roles ...

Thomas Haider, the former CCO of MoneyGram, has settled his federal case that claimed he was negligent in overseeing the firm’s anti-money laundering program. The ...

Michael Quigley and Brian Quigley used virtually every “trick in the book” to defraud investors, sending phony account statements; using a fake firm name similar ...