Conflicts of Interest

A record 755 enforcement actions filed in 2014 has SEC Enforcement Director Andrew Ceresney deeming FY 2014 “a banner year for the Enforcement Division.” His division handled twice ...

The Securities and Exchange Commission Today Announced an Enforcement Action Against the Estate of Vincent James Saviano (Saviano) and His Firm Palmetto Investments LLC (Palmetto ...

Hedge fund advisers are having some advertising and marketing compliance issues and 2015 will see SEC examiners focus on retiring investors. These nuggets were among ...

Hedge fund advisers lured by rapid growth in the more than $300 billion alternative mutual funds market are increasingly becoming involved with the funds either ...

Former SEC Division of Investment Management Director Norm Champ talks about the hedge fund industry.

The government alleges Robare & Jones Asset Managers ($150M in AUM) in Houston earned $441,000 in hidden fees over eight years without disclosing or adequately ...

Adopting a set of compliance policies and procedures that form your firm’s compliance manual makes up only half the battle. The true key is then ...

Wedbush Securities, Inc.’s incentive comp structure was “rife with potential conflicts of interest” that created a disincentive for compliance personnel to effectively monitor for trading ...

(a) IN GENERAL.—An underwriter, placement agent, initial purchaser, or sponsor, or any affiliate or subsidiary of any such entity, of an asset-backed security (as such ...

Click here to open a Word document. This is an example of a conflicts questionnaire. It comes from a peer. The firm would have staff ...