Disclosure

The adviser did not fulfill its duty of care obligations when it exchanged Wrap Program clients’ existing assets in certain mutual funds for other investments ...

A divided Commission voted Oct. 2 to amend portfolio thresholds and to make other proposed changes that would require CPOs/CTAs to disclose risks, conflicts, their ...

The firm's revised P&Ps now require reps to request oral consent to electronic delivery from customers using a consent and disclosure script. If a customer ...

'The clock is ticking'

By slipping 2019 fiduciary guidance in as dicta, Commission may signal a crackdown

New rules softer than proposal, still impose rigid disclosures on exempt advisers

The adviser and parent lost a trial for breach of contract claims brought against them concerning certain other ETFs that Adviser managed .... The trial ...

Changes haven't been linear, but the direction has

The SEC charged that Monroe Capital invested assets of private funds it advised in certain transactions that helped finance SPAC business combinations without timely disclosure ...

Monroe Capital personnel became involved in multiple SPACs for which certain of Monroe Capital’s supervised persons co-owned the sponsoring entities, but Monroe Capital lacked policies ...