Examinations Enforcement: SEC Actions

The Commission’s complaint alleges that Altahawi, in unregistered transactions, sold shares of Longfin Corp., shares of which were traded on the Nasdaq Stock Market (“Nasdaq”), ...

Respondent offered and sold millions of dollars of certain UBS-PR affiliated, non-exchange traded closed-end mutual funds (“CEFs”) to certain customers while soliciting them to ...

Poll results are in and the verdict sits squarely down the middle—half of a room chock full of private fund professionals anticipate an increased SEC ...

A federal appeals court May 13 dismissed an appeal by adviser Louis Navellier in an attempt to have his compliance consultant’s records deemed to be ...

Rivera-Padilla admitted that beginning in January 27, 2011 and continuing through January 2016, he engaged in a conspiracy and scheme to defraud with Oscar Ferrer ...

If you’re having difficulty making the case for sufficient resources for your firm’s compliance program, you may want to consider laying the latest speech from ...

Rocco Roveccio, a New Jersey resident, recommended to seven customers a pattern of high-cost, in-and-out trading without any reasonable basis to believe that his customers ...

From approximately 2009 through March 2011, Gierten misappropriated a total of $39,000 from one of his clients, who was an elderly military veteran. Gierten did ...

The complaint alleges that, in reality, there were no private placements. Dougherty was simply running a Ponzi scheme by taking new investor money and using ...

Many would say only having four to five hours’ worth of telephone calls and performing a few Google searches doesn’t constitute sufficient due diligence before ...