Failure to supervise

Rose Rudden is looking at a $65,000 fine and at least a one-year bar from supervision after an administrative law judge sided with the SEC ...

From Morgan Keegan to William Morgan, CCOs have felt the lash of late from regulators who believe the officers ran afoul of the rules. Nothing ...

Here they come again - more failure to supervise cases, including one against a CCO for neglecting to take appropriate action to investigate red flags ...

The institution survived the Great Depression but couldn't overcome a deceptive rep who killed himself as authorities closed in on him. Now the whole sordid ...

If your firm sold investors on the investment management program ESI Illuminations Select, you'll take interest in the legal settlement last week between the SEC ...

Recent months have featured a few of these cases, in which compliance staff at financial services firms have been cited for failing to keep a ...

Recent months have produced a rash of cases alleging a failure to supervise or to perform compliance duties (IA Watch, Oct. 26, 2009). The most ...

While his brother Bernie languishes behind bars, Peter Madoff - the former CCO of Bernard L. Madoff Investment Securities (BMIS) - faces no criminal charges. ...

A free lunch can cost dearly. The SEC alleges several reps ripped off seniors invited to a free meal by pitching them unsuitable variable annuities. ...

An investor tells IA Week he twice instructed his adviser to pull his funds out of the market. The adviser allegedly ignored the requests and ...