Fees and Expenses

Include in your definition of personally identifiable information any “security code, access code or password that would permit access to an individual’s financial account.”   ...

Senator Elizabeth Warren (D-Mass.) wants to know where firms having already implemented significant changes to comply with the looming DOL rule stand on a rumored ...

From 2009 through 2015, for 15,152 advisory client accounts, MSSB inadvertently charged advisory fees in excess of what had been disclosed to, and agreed by, ...

The former president and CEO of a Connecticut-based dual registrant and his lawyer friend of over 25 years have settled SEC charges of fraudulently scheming ...

Respondents collected nearly $1 million in investor funds by charging the Fund for ACM’s expenses. These expenses, which under the investment documentation provided to investors were ...

You represent that as part of that process, the Board of each Investing Fund will consider, among other things, the calculation of the New Fees ...

Richer detail, more examples and even longer lists illustrate how private equity fund advisers have reacted to the SEC’s intense interest in disclosures around fees ...

The Fund Manager failed to adequately disclose the prepayment of $5.8 million of transaction fees. In quarterly reports, Board and Investment Committee meetings, email communications, ...

Talk about compounding your problems. When an investment adviser principal was confronted by a client who noticed a lower account balance than they anticipated, the ...

The SEC's complaint alleges that Marc D. Broidy and his firm Broidy Wealth Advisors obtained more than $1.4 million in ill-gotten gains since February 2011. ...