RIA Settles SEC Charges for Violations of Advisers Act and Custody Rule WHAT HAPPENED? On July 17th, 2017, the Securities and Exchange Commission (SEC) released its final charges against [...]

Citigroup Agrees to Pay $10.5 Million for Violating Books and Records Rule and Inadequate Internal Controls WHAT HAPPENED? On August 16th, 2018, the Securities and Exchange Commission (SEC) released [...]

SEC Charges Investment Adviser for Misleading Retail Investors WHAT HAPPENED? On July 18th, 2018, the Securities and Exchange Commission (SEC) charged a registered investment adviser and its chief executive [...]

Three Investment Advisers Settle with SEC on Campaign Contribution Charges WHAT HAPPENED? On July 10th, 2018, the Securities and Exchange Commission (SEC) released its charges against three separate investment [...]

OCIE Releases List of Most Common Best Execution Issues Cited in Adivser Exams WHAT HAPPENED? On July 11th, 2018, the Office of Compliance Inspections and Examinations (OCIE) released a [...]

SEC Charges Investment Advisers and Representatives for Violating Testimonial Rule WHAT HAPPENED? On July 10th, 2018, the Securities and Exchange Commission (SEC) settled proceedings against two registered investment advisers, [...]

SEC Votes on Whistleblower Rule Amendments WHAT HAPPENED? On June 28, 2018, The Securities and Exchange Commission (SEC) voted to propose amendments to its whistleblower program. The whistleblower program, [...]

RIA Settles Charges of Multi-Million Dollar Scheme WHAT HAPPENED? On June 7th, 2018, a final consent judgment was entered against a Washington-based investment adviser (“Defendant”) after he mislead more [...]

SEC Charges Advisory Firm with Conflict of Interest Fine WHAT HAPPENED? The Securities and Exchange Commission (SEC) announced on June 4th, 2018 that a charged investment adviser agreed to [...]

SEC Orders Cease-and-Desist to Registered Investment Adviser for Multiple Violations of the Advisers Act WHAT HAPPENED? On June 4th, 2018, the Securities and Exchange Commission (SEC) released its order [...]

SEC Proposed Regulation Best Interest: Its Impact on Broker-Dealers WHAT HAPPENED? On April 18th, the Securities and Exchange Commission (SEC) voted on a proposal known as Regulation Best Interest, [...]

DOL Releases FAQ on Conflicts of Interest During the Transition Period WHAT HAPPENED? On May 9th, 2018, the Securities and Exchange Commission (SEC) announced its’ charges against a registered [...]

SEC Issues FAQs for Share Class Selection Disclosure Initiative WHAT HAPPENED? On May 1st, 2018, the Securities and Exchange Commission Division of Enforcement issued a list of 19 Frequently [...]

SEC Releases Proposal to Enhance Protections and Preserve Choice for Retail Investors WHAT HAPPENED? On April 18th, the Securities and Exchange Commission (SEC) voted to propose a set of [...]

The National Institute for Standards and Technology Updates Cybersecurity Framework WHAT HAPPENED? On April 17, the National Institute for Standards and Technology (NIST) released an updated version of its [...]

SEC Office of Compliance Inspections and Examinations Releases Risk Alert: Most Frequent Advisory Fee and Expense Compliance Issues Identified in Examinations WHAT HAPPENED? On April 12, 2018, the Securities [...]