Valuation

Barclays Capital, then a dually-registered investment adviser and broker-dealer, improperly charged certain advisory clients of its wealth and investment management business, overcharging them almost $50 ...

Stray from your valuation P&Ps and you up your risks of regulatory trouble. Same goes if you routinely fail to use the valuations supplied by ...

The old adage regarding your compliance policies and procedures rings true again: Do what you say you’re going to. That lesson has come home for ...

Beginning in 2009, Covenant used a third party vendor pricing service (the “Pricing Service”) to value municipal bonds held in the funds. However, beginning in ...

Include in your definition of personally identifiable information any “security code, access code or password that would permit access to an individual’s financial account.”   ...

Stefan Lumiere will learn his fate in May – when he will be sentenced for securities fraud that could keep him behind bars for decades. ...

PIMCO used a strategy that involved purchasing odd lot positions (i.e., small-sized pieces) of non-agency mortgage-backed securities (“NA MBS”) that traded at discounts to round ...

Valuing “complex and illiquid securities” can be tough enough. To find that a third-party’s product designed to help you with such valuations was flawed would ...

Calvert misvalued the Toll Road Bonds, which, in turn, led the Calvert Funds to be priced at an incorrect net asset value (“NAV”). The Calvert ...

Respondents’ misrepresentations to investors were oral and written, and varied both over time and from investor to investor, but their false and misleading statements were consistent ...