Examinations Enforcement: SEC Actions

While FINRA’s long been interested in supervision of branch offices (IA Watch, Dec. 12, 2011), there are signs OCIE’s taking a deeper interest in this ...

Now that OCIE has released its 2015 exam priorities, we checked with some of your peers who have been through recent exams to ask them ...

Violations of the Investment Company Act cost Water Island Capital ($3.4B in AUM) in New York $50,000 last week after it settled custody and compliance ...

Yet another former ConvergEx subsidiary CEO has been charged by the SEC for participating in a scheme to conceal a practice of charging hidden mark-ups ...

SEC Charges Former Brokerage CEO for His Role in Fraudulent Scheme

A top priority of the SEC’s fiscal year 2016 budget is the hiring of an additional 225 examiners, primarily to conduct inspections of investment advisers. ...

Cooper has also admitted that he and Total Wealth have used investor monies to pay unspecified legal expenses related to the Division of Enforcement's previously-instituted ...

Wyoming is the only state in the country that does not regulate investment advisers. That led three investment advisers to attempt to take advantage of ...

Continued AML program failures have now ratcheted up the penalties imposed on Oppenheimer & Co. tenfold. The New York-based dual registrant will pay a total ...

Firms that remain stingy when it comes to supporting a compliance department should heed the lessons spawned by Ambassador Capital Management. The Detroit-based RIA once ...