Custody

This no-action letter from the SEC in 2015 relieves an investment adviser of certain requirements under the custody rule.

Where we last left the saga of Sands Brothers Asset Management ($64M in AUM) in New York, the CCO had changed his mind about settling ...

(a) Each registered swap data repository shall, with respect to all swap data in its custody: (1) Establish and maintain a program of risk analysis ...

An SEC ALJ has directed legal filings for next week after he revealed that the former CCO of Sands Brothers Asset Management ($64M in AUM) ...

This one had a little bit of everything—your standard diversion of investor money sprinkled with custody and principal transaction violations. The SEC recently charged VERO ...

(a) A Fund may place and maintain cash, securities, and similar investments with a Futures Commission Merchant in amounts necessary to effect the Fund's transactions ...

(a) Custody arrangement with an eligible securities depository. A Fund, including a Registered Canadian Fund, may place and maintain its Foreign Assets with an Eligible ...

(a) No registered management investment company shall place or maintain any of its securities or similar investments in the custody of a company which is ...

(a) Custody arrangement with a securities depository. A fund's custodian may place and maintain financial assets, corresponding to the fund's security entitlements, with a securities ...

(a) The securities and similar investments of a registered management investment company may be maintained in the custody of such company only in accordance with ...