Failure to supervise

The portolio manager managed the Fund differently from what was represented to investors and their advisers

An investment adviser/broker-dealer has agreed to pay state authorities $250,000 to settle claims that it failed to supervise a rogue broker/investment adviser, authorities have announced. ...

Jefferies was responsible for supervising its securities lending desk personnel .... failed reasonably to fulfill such supervisory responsibilities

Supervision failures connected to 529 share-class recommendations charged

Respondent failed to reasonably supervise Jeremy Joseph Drake (“Drake”), formerly an investment adviser representative of HCR, and failed to implement reasonable compliance-related policies and procedures ...

For nearly three years, Merrill Lynch failed to produce reliable audit trail data requested by Enforcement

LWA’s compliance policies and procedures manual required investment adviser representatives to pre-clear and obtain written pre-approval before buying or selling most securities, such as ...

AOC failed to supervise Frank Dinucci Jr. (“Dinucci”), an associated person of AOC, who among other things, participated in a fraudulent valuation scheme including by ...

After Gonzalez joined AOC, during the Relevant Period, he knew that AOC traders, including Dinucci, were providing price quotes or marks to PPI on behalf ...

These proceedings arise out of BMO CMC’s improper practices with respect to securities lending transactions involving pre-released American Depositary Receipts (“ADRs”).