CCO Liability

Two years after SEC commissioners failed to advance the case against former Ferris, Baker Watts General Counsel Ted Urban (IA Watch, Feb. 6, 2012), concern ...

At first glance, Robert Falkenberg's resume impresses. The former CCO at Parallax Investments in Houston had previously served as an IA/B-D examiner for California, worked ...

Another week has brought another series of SEC enforcement cases that broadcast the message that the agency will target firms and CCOs that run deficient ...

Three firms and their CCOs took raps to the knuckles last week as the SEC again announced a trio of cases designed to warn firms ...

In the SEC's view, you're not the "only line of defense" against violations. Managers, internal auditors and senior executives share that responsibility with compliance staff, ...

OX Trading provided price improvement by becoming the counterparty to certain customer orders of optionsXpress. As a result of taking the customers’ trades, OX Trading ...

The words had to warm the cockles of their hearts to hear OCIE Director Drew Bowden assure that examiners don't paint targets on CCOs' backs."I've ...

The latest case of the SEC targeting an advisory firm CCO for malfeasance centers not on the firm's lack of fiduciary duty to all of ...

The argument that a CEO shouldn't also be a firm's CCO got a lot stronger as the SEC has mandated that a specific adviser must ...

This dually-registered investment adviser and broker-dealer failed to seek best execution in breach of its fiduciary duty under the Advisers Act and also neglected to ...