Client Communications

Bied wrote a letter to all Del Rey investors informing them that he was closing the fund and that the fund “sustained substantial trading losses ...

The Commission’s amended complaint alleged that since at least 2005, Rode’s business partner, John Geringer, raised in excess of $60 million from investors by misrepresenting ...

Rules predating the Internet cry out for updating. With a retrospective rule review and rule recommendations in the rear view mirror, FINRA has now moved ...

Court Orders Massachusetts Investment Adviser to Pay Over $1 Million to Conclude Two SEC Fraud Cases

The Commission’s complaint in the 2010 Action alleged that Grant made material misrepresentations and omissions to his former brokerage customers in order to induce them ...

Exemptive relief granted to a CPO to permit the CPO to provide monthly account statements to a pool’s participants within 45 days of the month ...

The books and records rule does require a slew of items to be maintained – and shared with inquiring examiners – from “all written communications” ...

The relief in this letter was due to expire Sept. 30, 2015. The topic relates to a broker-dealer's ability to obtain customer written consent prior ...

OCIE examiners have long been interested in undisclosed conflicts and reimbursement relationships. Missteps over disclosing these relationships have led to another enforcement settlement in which ...

(a) Monthly statements. Each futures commission merchant must promptly furnish in writing to each customer, and to each foreign futures or foreign options customer, as ...