CCO Liability

Seven years after the Stanford Ponzi scheme unnerved the industry, the former CCO of the investment adviser this week pleaded with SEC commissioners to toss ...

After four years of clashing with the SEC over fraud charges, Nicholas Rowe, the former president of the advisory firm Focus Capital Wealth Management, finally ...

The Commission’s complaint alleged, among other things, that while associated with Coastal IA and Coastal Equities, Donnelly engaged in a scheme to defraud his advisory clients ...

There’s no disputing that how private equity fund advisers handle fees and expenses occupies a top interest among SEC examiners. Consider additional avenues to disclose ...

It’s been one year since we told you the story of Thomas Haider, the former CCO at MoneyGram, who was assessed a $1 million fine ...

Starting in at least 2009, Total Wealth and Cooper breached their fiduciary duties to their clients and investors through a fraudulent scheme to collect, and ...

SEC officials have been quite vocal of late on the controversial issue of CCO liability. FINRA leaders, however, have been largely silent on the matter. ...

Respondents and AFI’s former vice president and business development director created and distributed to clients and prospective clients performance advertising that failed to disclose with ...

The verdict’s finally in on a repeat violator and it includes language preventing the adviser’s owners from adding any new clients or assets for a ...

Kelly knew or was reckless in not knowing about, and substantially assisted, SBAM’s violations of the custody rule. Kelly executed the notarized offer of settlement ...