Fees and Expenses

(a)(1) Except as provided in this section, it shall be unlawful for any registered open-end management investment company (other than a company complying with the ...

(a) Redemption fee. It is unlawful for any fund issuing redeemable securities, its principal underwriter, or any dealer in such securities, to redeem a redeemable ...

Advisers know that if a portfolio manager makes a trade error, it’s perfectly acceptable to reimburse a client’s account (IA Watch, Nov. 7, 2011). But ...

A case from this past summer against SunTrust Investment Services ($9.5B in AUM) in Atlanta stands out as unusual because the dual-registrant settled FINRA charges ...

Private equity is benefitting from greater transparency but should consider further improving their disclosures, says SEC Commissioner Kara Stein. She pointed to the need for ...

Keynote Address at Columbia Law School Conference on Current Issues in Securities Regulation: The ‘Hot’ Topics

SEC Enforcement Director Andrew Ceresney in 2014 talks about a record year in cases, including an action against a private equity firm related to its ...

The SEC’s Office of Compliance Inspections and Examinations has named Marc Wyatt as its new deputy director. He’s been with the Commission since December 2012 ...

This proceeding involved breaches of fiduciary duty and materially misleading statements and omissions by CEC, an investment adviser formerly registered with the Commission, and its founder, ...

Hedge fund advisers are having some advertising and marketing compliance issues and 2015 will see SEC examiners focus on retiring investors. These nuggets were among ...