Disclosure

Hypothetical Relationship Summary for a Registered Investment Adviser Prepared By SEC Staff – For Illustrative Purposes Only.

Call it a customer relationship summary. That’s the new form that the Commission has proposed designed to help retail investors differentiate between investment advisers and ...

These proceedings arise out of breaches of fiduciary duty, inadequate disclosures, and deficiencies in compliance policies and procedures by registered investment adviser SAA in connection ...

These proceedings arise out of improper mutual fund share class selection and billing practices by PNCI, a registered investment adviser and broker-dealer. First, from at ...

Undisclosed conflicts of interest and materially misleading disclosures in connection with the securities lending practices of two investment adviser subsidiaries of Voya Holdings have led ...

A recent SEC enforcement action against a former bitcoin-denominated platform and its operator hits squarely on two of the Commission’s hot focus areas—cryptocurrency and cybersecurity. ...

In a first, the SEC has secured the appointment of a receiver in connection with an alleged fraudulent initial coin offering targeting retail investors. On ...

When hard times pummeled AmericaFirst Capital Management ($93M in AUM) of Roseville, Calif., the adviser turned to its clients to keep it afloat. The problem ...

These proceedings concern disclosure violations by AmericaFirst Capital Management, LLC (“AFCM”) and its two principals, Rick Gonsalves and Robert Clark, while selling promissory notes to ...

Forms BD, U4, U5 and other registration forms contain personal information that must be protected. FINRA has released guidance on how to protect this sensitive ...