Examinations Enforcement: SEC Actions

Officially, the SEC is suing a South Florida digital investment adviser for failure to maintain and hand over its books and records—including those behind a ...

In March, OCIE Director Pete Driscoll promised private fund advisers that the SEC would this year issue a risk alert directed at them. “That’s something ...

The court found that the defendants knew there were misleading statements in their marketing materials and that there had been inadequate due diligence, yet they ...

This marks the second time E*Hedge and Parks have failed to respond to Commission examination attempts

Failures resulted in $1M penalty for Ares Management

TSP Capital will pay a $60K penalty under settlement agreement

A Florida private fund adviser hid losses on bad loans and booked fees it hadn’t yet received to over-inflate its funds’ net asset values by ...

Like a criminal case, a subject of an SEC deposition can take the Fifth Amendment

The dual registrant will now pay a $5 million penalty

Defendants also violated their fiduciary duty by failing adequately to disclose to their clients the conflict of interest inherent in these transactions