SEC Actions

Given the changing conditions among markets to bring together buyers and sellers of securities, the Commission is proposing to amend Exchange Act Rule 3b-16

Nino allegedly used the funds for personal expenses—primarily gifts and travel and living expenses for women with whom he had romantic relationships

The proposed amendments also are designed to collect additional data for the Commission’s use in its regulatory programs, including examinations, investigations and investor protection efforts ...

CMG prepared hypothetical, backtested performance results and the backtest was not adequately correlated with the securities they replaced in the live strategy

These amounts are effective beginning on January 15, 2022, and will apply to all penalties

ONIMCO had a conflict of interest when it recommended Sweep Account Options to its clients

Language purporting to limit an adviser’s liability in an advisory agreement is also called a 'hedge clause.' Whether a particular hedge clause is misleading is ...

The defendants improperly registered Bóveda with the Commission as an Internet IA

Walker solicited investors to purchase 1 Global securities; advised investors about the merits of the investments; and received commissions of approximately $393,000 that were transaction-based ...

Abbate held the titles of COO and portfolio manager for fund A and the titles of CIO and portfolio manager