SEC: Enforcement

Although AlphaCentric had delegated pricing responsibilities for the Fund to the Sub-Adviser in the sub-advisory agreement, AlphaCentric did not adopt policies and procedures to provide ...

Garrison Point failed to implement its compliance policies and procedures concerning its role in valuing Fund securities

The SEC's complaint claims the CCO "engaged in subterfuge to conceal her misconduct," including allegedly hacking into her colleagues’ computers

The certification shall identify the undertakings, provide written evidence of compliance in the form of a narrative, and be supported by exhibits sufficient to demonstrate ...

In 2015, Derren Lee Geiger became Cornerstone’s chief compliance officer with final responsibility for Cornerstone’s compliance program

The settlement states that Mellon’s 'compliance personnel were unaware before mid-March 2020 that quality reviews were not prepared'

Upon deployment of the new version of its AML transaction monitoring system, Wells Fargo Advisors failed to perform sufficient testing to ensure that the system ...

FRIM had a conflict of interest when it recommended money market funds available as Sweep Account options

When examiners find a compliance issue that appears to have been missed by a firm, it naturally makes them wonder what else the firm hadn’t ...

Nobody likes to be jerked around, including SEC enforcement staff