Examinations Enforcement: Settlement

Galois allowed certain fund investors to redeem with less than five business days’ notice. The practice of permitting certain investors, including affiliated investors, to redeem ...

Colony failed to provide the required disclosures to limited partners in advance and to obtain the required approvals from the LPACs or majority-in-interest of limited ...

The adviser failed to establish, maintain, and enforce written P&Ps reasonably designed to prevent the misuse of material nonpublic information concerning its trading of collateralized ...

DeCaprio misrepresented to investors that the Funds were audited annually by an independent auditor

Although the firm’s compliance manual contained generic language regarding the need to promptly update its Form ADV if there is additional information required for the ...

An individual made a campaign contribution to an incumbent for elected office in the State of Michigan, which office had influence over hiring investment advisers ...

The adviser failed to have the funds and securities of seven of those pooled investment vehicles verified by actual examination or have audits performed of ...

Steer clear of placing hypothetical performance ads on your public website

Commission staff found Ameriprise Financial Services’ misconduct after commencing a risk-based initiative to investigate the use of off-channel and unpreserved communications at investment advisers

The rep recommended a $50,000 L Bond with a 5-year term to a retail customer: (1) who was a 63-year old semi-retiree; (2) who had ...