SEC: Enforcement



"Complex financial instruments like VRSPs undoubtedly are unsuitable for some retail investors. Nevertheless, investors, working with their chosen financial professional, should be free to fashion ...





'There is no definition. How do you enforce this?'

"Gatekeepers, such as accountants and attorneys, are often the first lines of defense against misconduct. When they fail to live up to their obligations, investors ...

Settlement shows SEC won't wait for new rules to crack down

Compliance staff recognized that UBS’s training around the product came up short in satisfying the firm’s fiduciary obligations

This is the latest version of the SEC Division of Enforcement's manual

With or without proposed reforms, private funds are in a for a rough time over fees and expenses