Fees and Expenses

Avatar and Fernandes failed to disclose material conflicts of interest in connection with investments Avatar made in new mutual funds that it created and managed. ...

NASAA’s model fee disclosure schedule is gaining wider acceptance among brokerage firms. The association announced May 9 that nine additional securities firms have agreed to ...

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, ...