SEC Actions

Private funds raised more than $11 trillion of the $15.5 trillion sold in Regulation D markets during 2009 through 2019

Pizzuti was associated with other broker-dealers registered with the Commission, some of which were also registered as investment advisers

The use of algorithms in trading is pervasive in today’s markets. Any analysis of the role that algorithmic trading plays in the US equity and ...

After considering the comments received on the Proposal to rescind the Fee Exception,6 the Commission has determined that the Fee Exception is no longer appropriate ...

SCF failed to adopt and implement written policies and procedures reasonably designed to prevent violations of the Advisers Act and the rules thereunder in connection ...

Ross also routinely highlighted the Funds’ historically high and stable returns in his oral conversations with prospective and current investors in the Funds, as well ...

The Commission’s complaint further alleged that, of the $2.4 million in unlawful commissions generated from the unauthorized trading, Desiderio received over $390,000

Perez received $137,275 in commissions from his fraudulent conduct

Turney received $281,914 in commissions from his fraudulent conduct

IB did not have sufficient resources in its compliance function to adequately review and/or address the issues identified by its surveillance systems