Fees and Expenses

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. ...

First Reserve negotiated a legal fee discount from a law firm for itself for certain services based on the large volume of work the law ...

When SEC examiners announced two years ago that they were coming in, PE fund adviser WL Ross & Co. ($4.5B in AUM) reviewed its approach ...

SEC Enforcement director Andrew Ceresney was quick to point out “a common theme” in the Commission’s recent enforcement actions against private equity firms:  a failure ...

Since the OCIE exam, WL Ross has voluntarily taken a number of actions to strengthen its controls and compliance systems. WL Ross hired a new ...

A cadre of Democratic senators, including Elizabeth Warren (D-Mass.) and Bernie Sanders (D-Vt.), has asked SEC Chair Mary Jo White to consider having the Commission ...

That Blackstreet Capital Management case from June, in which the SEC argued again that a private equity fund adviser receiving transaction-based compensation should register as ...

OCIE is seeking to identify conflicts of interest tied to advisers’ compensation or financial incentives for recommending mutual fund and 529 Plan share classes that ...

The latest congressional report by the SEC’s Office of the Investor Advocate states that in FY 2017, which begins in October, the office will look ...