Performance Based Fees

New York-based broker-dealer permitted foreign individuals to conduct a securities business using its systems when they weren't registered with FINRA

This is a new SEC FAQ, released in January 2023, related to its SEC ad rule

'Broken windows' gets industry workout

Savvy CCOs can use risk alerts as cheat sheet

Since August, the qualified client definition jumped from an AUM test of $1 million to $1.1M and a net worth threshold of $2.1M to $2.2M

We are adopting amendments to rule 205-3 to replace the specific dollar amount thresholds in the rule’s net worth and assets-under-management tests with references to ...

Provides for compensation to the investment adviser on the basis of a share of the capital gains

CEO and chief portfolio manager charged for their roles in artificially NAV and performance results

In a new settlement order, the SEC says private fund adviser Soteira Capital and its principals, Derek Charles Clark and Laura Santos overcharged performance fees, ...

Enforcement may be a case study in what not to do