SEC: Enforcement

Case another example in importance of delegating compliance authority

Chairman talks market structure, gamification, disclosures, China, ESG, fee disclosures, cybersecurity, exams.

“I think the lesson [of his case for other advisers] is you’re always going to be vulnerable” when “there’s a lack of guidance or standards,

Any such order may, as the Commission deems appropriate, require future compliance or steps to effect future compliance, either permanently or for such period of ...

The accountant investigated various transfers of cash scattered among the trade blotter that didn't seem to smell right