Mutual Funds

Cadaret invested advisory clients in mutual fund share classes with 12b-1 fees instead of lower-fee share classes of the same funds that were available without ...

You represent that each filing made in reliance on the requested relief would be made in compliance with the conditions of Rule 486(b), and that ...

Get ready to submit some “test” filings of new Forms N-PORT and N-CEN later this year when the SEC releases a new version of EDGAR. ...

Landwin and Landis also caused the Fund’s non-compliance with the Investment Company Act. The Fund PPM discloses that Landwin “will not cause the Partners Fund ...

On the basis of the facts and representations set forth in your letter, we would not recommend enforcement action to the Commission against NWQ under ...

Even inadvertent payments – absent of fraud – can spark a costly regulatory case. Take the new $4.5 million settlement with the SEC by William ...

These proceedings arise from the improper use of mutual fund assets to pay nearly $18 million for the distribution and marketing of fund shares outside ...

William Blair negligently used mutual fund assets to pay for (i) distribution and marketing of fund shares outside of a written, board-approved Rule 12b-1 plan ...

we would not recommend any enforcement action to the Commission under Section 6(b) of the Securities Act or Section 13(e) of the Exchange Act or ...

Sandy Katz is considered an “all-star” rep. So when a manager questioned why he wasn’t putting clients into cheaper mutual fund share classes, he “escalated” ...