The Financial Crimes Enforcement Network (FinCEN) proposed on August 25, 2015, a rule that would require certain registered investment advisers to have in place anti-money
The SEC announced on Tuesday charges against 32 defendants involved in an unprecedented illicit scheme deployed in the US and overseas. The scheme involved hacking
The Securities and Exchange Commission recently charged a private equity firm for misallocating more than $17 million of “broken deal” expenses. Broken deal expenses are
By Janaya Moscony, CFA; Irshad Karim; Linda Smith; Claire Owens, SEC Compliance Consultants Published: NSCP Currents May 2015 The SEC has made cybersecurity a significant
The SEC recently settled a proceeding brought against an investment adviser firm, its former President, and other principals at the firm where the compliance function
On May 20, 2015, the SEC unanimously approved extensive proposed amendments to Form ADV that, if adopted, would require registered investment advisers to provide new
The SEC is continuing to focus heavily on the private equity sector, reminding advisers in this space to be mindful of their practices. On May
The SEC’s Division of Investment Management recently released new guidance to registered investment advisers and investment companies regarding cybersecurity. The SEC has previously identified cybersecurity
The Securities and Exchange Commission today announced an award of more than a million dollars to a compliance officer who believed that disclosure to the
The SEC has charged an advisor with failing to disclose a conflict of interest to their clients and fund boards. In this significant case, the
