SEC Actions

The final rule also permits a fund’s board to designate a “valuation designee” to perform fair value determinations. The valuation designee can be the investment ...

The Division of Examinations is issuing this Risk Alert to notify investment advisers, broker-dealers, and other market participants of a recent action relating to investments ...

The SEC's Trading & Markets Division "will not recommend enforcement action to the Commission against broker-dealers that do not treat family offices that qualify as ...

The settlement touches on violations of the adviser's fiduciary duty, undisclosed 12b-1 fees, errant fee calculations, suitability, hidden revenue sharing, conflicts, as well as sweep ...

Wadood helped AIML to fraudulently conceal the misappropriation and misuse of APEF IV’s assets, as well as the desperate financial condition of Abraaj Holdings and ...

Voya failed to disclose, in its Forms ADV the conflict of interest arising from its policy requiring that advisory clients pay upfront commissions for purchases ...

"Failure to have adequate written policies and procedures and failure to have adequate supervisory and compliance oversight may indicate recurring issues in complying with Regulation ...

This rule "will modernize the regulatory framework for funds to reflect the broad ways in which funds’ use of derivatives has developed over past decades, ...

Large-volume investment advisers and broker-dealers should take a fresh look at their compliance manuals and policies and procedures to make sure they’re getting right with ...

A broker-dealer must not allow payment for order flow to interfere with its efforts to obtain best execution