Fees and Expenses

'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

The reps made handwritten or typed changes on the clients’ standard investment advisory agreements that reflected the reduced fee rate. However, in certain instances, the ...

'Shockingly low' compliance budgets collide with regulatory demands