Examinations Enforcement: Settlement

The single count charged against Respondent was that he, along with Scott Rothstein, knowingly and willfully conspired to devise a scheme and artifice to defraud ...

Marwood had written policies and procedures that prohibited the dissemination of MNPI and required any potential MNPI received from any source to be brought to ...

CCA used Fund assets to pay for certain compliance, legal and operating expenses of CCA in a manner not disclosed in the Fund’s offering memoranda ...

JHP did not adequately disclose to the advisory boards of the affected Funds the potential conflicts of interest created by the undisclosed loans and cross-over ...

The verdict’s finally in on a repeat violator and it includes language preventing the adviser’s owners from adding any new clients or assets for a ...

Kelly knew or was reckless in not knowing about, and substantially assisted, SBAM’s violations of the custody rule. Kelly executed the notarized offer of settlement ...

The 2010 Order notwithstanding, SBAM failed to comply with the custody rule in the years that followed. SBAM neither submitted to a surprise examination, nor ...

Respondent willfully9 violated Section 203(f) of the Advisers Act, which prohibits anyone who has been barred from being associated with an investment adviser willfully to ...

Section 203(f) of the Advisers Act states that “it shall be unlawful for any investment adviser to permit [any person as to whom such an ...

This matter arises from misstatements made by registered investment adviser Virtus to certain of its mutual fund clients, to those funds’ shareholders, and to clients ...