Fees and Expenses

March proved to be a tough month for the SEC in two federal courts. One judge accused the Commission of “gross misconduct” and, in a ...

Both of these agreements created conflicts of interest, because they created an incentive for 3D/L to use funds managed by the ETF Manager in 3D/L’s ...

'We want this to be something where the industry can... come up with solutions...'

'Historically, these have been the major areas that have been stressed during marketing cycles, and I think the SEC has noticed that'

Case comes less than a month after SEC doubles down on accelerated monitoring fees

A divided Commission voted Oct. 2 to amend portfolio thresholds and to make other proposed changes that would require CPOs/CTAs to disclose risks, conflicts, their ...

The Monitoring Agreement did not contain a provision authorizing AIM to accelerate future monitoring fees from the Portfolio Company for the entire contract period if ...

SEC enforcement action underscores the need for firms growing their business through acquisition to watch client protection

Citigroup Global has agreed to pay a $2.9M penalty for recordkeeping failures tied to expenses incurred with underwriting business

By slipping 2019 fiduciary guidance in as dicta, Commission may signal a crackdown