CCO Liability

As Summit’s sole owner and investment adviser representative, President, and Chief Compliance Officer, Richard Urciuoli was responsible for Summit’s failures

He failed to take necessary steps to do so despite being on notice of the rule’s requirements and was aware of the ongoing failures in ...

The CCO "did not review the offering materials or take other steps to determine whether her transfers were consistent with representations to CS Manager investors ...

The CCO pleaded guilty earlier this year

Jennifer Campbell pleaded guilty to one count of wire fraud and was sentenced to a prison term of 36 months

It “is unlikely that the firm principals will ever be repaid for these funds,” the government wrote

Here’s a primer on the other basics you must know

Here’s the scenario: A SEC exam heads toward enforcement. Would a CCO raise her liability risks by signing the firm’s response to a deficiency letter?

"Since 2012, when Two Point first registered with the Commission, Two Point failed to adopt and implement reasonably designed compliance policies and procedures, and to ...

As UCB Advisers’ CCO, Garcia compliance duties related to securities, including penny stocks, and was tasked with ensuring that UCB Advisers and its IARs comply ...