Enforcement

A common criticism of the SEC following the financial crisis was it didn't go after enough big fish on Wall Street. Last month one defendant ...

One RIA CCO pumped up his clients' holdings by playing with the decimal points in a failed attempt to claim SEC registration. A second CCO ...

The difference was only one case, but SEC enforcement actions between Oct. 2011 and Sept. 2012 totaled 147 - a single digit ahead of the ...

A recent decision by a FINRA hearing panel shows the perils of a firm not telling the regulator that it had altered a document the ...

In response to charges it inflated investments to capture millions in undeserved fees, Yorkville Advisors ($304M in AUM) in Jersey City, N.J., states that two ...

The dirty side of political fundraising comes through in a new settlement and a continuing case over alleged undisclosed campaign contributions in an attempt to ...

The SEC claims Philip Falcone, the CEO of Harbinger Capital Partners ($3.8B in AUM) in New York, borrowed $113 million from one of the RIA's ...

You may need to add another regulator to your radar screen after the Treasury Department's Office of Foreign Assets Control (OFAC) settled last month with ...

Failure to implement compliance policies and procedures and to adequately support the CCO role cost two RIAs dearly: their businesses. In one case, the curtain ...

Three years after FBI agents nabbed Robert Allen Stanford, a jury in Houston last week found him guilty of charges related to securities fraud in ...