CCO Liability

A best practice guaranteed to reduce a compliance officer’s risks of facing possible enforcement liability from the SEC is to act on red flags. But ...

The inquiry from the SEC came in on Friday, Oct. 13, 2000. It would lead to alleged insider trading charges uniquely applied to mutual fund ...

The insider trading case that led to Wells Fargo Advisors ($334B in AUM) in St. Louis last month paying a $5 million fine to the ...

Despite several speeches by SEC staff attempting to allay fears that the Commission is targeting compliance staff, the SEC has yet to take formal steps ...

The case against David Montanino falls into a whole separate category. This CCO attracted an SECenforcement action last week because he allegedly engaged in out ...

Thomas Meade can give up on being named CCO of the year. The former president/CCO at Private Capital Management ($272M in AUM) in Denver displayed ...

Just days after an SEC commissioner again sought to assuage industry compliance staff worries of being targeted by the agency, Enforcement Director Andrew Ceresneyvowed last ...

More than half of the compliance professionals answering a new survey expect their personal liability to increase this year. The Cost of Compliance 2014 from ...

It started as a routine exam by a state regulator in 2007 and seven years later remnants of the case languish in court as a ...