CCO Liability

FINRA clarifies when a CCO is and is not subject to potential liability under its supervision rule

The Commission may have gotten tipped off by suspicions of Bell Rock’s trading by its unidentified custodian, which terminated its relationship with the adviser over ...

Initiative is aimed at attempting to alleviate the uncertainty faced by compliance officers when it comes to personal liability

Fully 7-in-10 compliance professionals consider the overall compliance function at their firms to be "under-resourced"

The defendants improperly registered Bóveda with the Commission as an Internet IA

Walker solicited investors to purchase 1 Global securities; advised investors about the merits of the investments; and received commissions of approximately $393,000 that were transaction-based ...

Miller is the majority owner/CEO of PeachCap and also served as PCTA’s CCO

Siniscalchi was an associated person and Chief Compliance Officer of Indio Entertainment, an investment adviser registered in California as an exempt reporting adviser

David Chiueh wore multiple hats at Upright Financial Corp. ($68M in AUM) in East Hanover, N.J.—president, portfolio manager and chief compliance officer. A new SEC ...

Upright Trust maintained no written policies and procedures .... did not have any specific procedures on calculating the NAV, and there were no procedures designed ...