SEC: Enforcement

He failed to disclose his financial interest in a group of private affiliated companies that had committed to investing $30 million in a company that ...

During the examination, Commission staff informed Ali about the Advisers Act custody rule’s requirements and its prohibition against commingling client money with the firm’s. However, ...

CCA benefited from this arrangement by deferring payment on its legal costs for multiple years

Enforcement director cautions that given the continued noncompliance in the crypto space, investors have "good reason" to be concerned about crypto's reliability and safety

A staffer at the adviser "made a campaign contribution to a candidate for elected office in Minnesota, which office had influence over selecting investment advisers ...

"This case is yet another illustration of the overbreadth of the pay-to-play rule and another reminder of the way the rule hampers legitimate political participation"

The resounding message is don't advertise hypothetical performance on your public websites

Heed the lessons of the SEC’s latest off-channel communications enforcement action against an adviser and you may well sidestep a similar fate

The Commission alleged that in 2013, as CCO, Ronald Heineman ignored red flags and engaged in a scheme to manipulate the price of a stock ...

"As with the recordkeeping cases and, frankly, all our cases, we consider whether a firm self-reported and cooperated with our investigation"