Adviser Settles SEC Cyber Enforcement Action
The Securities and Exchange Commission announced on September 22, 2015 that an investment adviser has agreed to settle charges that it failed to establish the
First Case Brought Under Distribution-in-Guise Initiative
On September 21, 2015, the Securities and Exchange Commission charged an asset manager with improperly using mutual fund shareholder’s assets to pay two unnamed brokerage
New Cybersecurity Risk Alert Announcing Second Round of Cybersecurity Sweep Exams
On September 15, 2015, the Office of Compliance Inspections and Examinations (“OCIE”) issued a new Risk Alert relating to cybersecurity. This Risk Alert reemphasized the intention
CHIEF COMPLIANCE OFFICER ROUNDTABLE: BREAKFAST BRIEFING
When: October 13, 2015 Where: Blank Rome LLP | The Chrysler Building | 405 Lexington Avenue | New York, NY 10174 22nd Floor Boardroom Thomas
Anti-Money Laundering Regulation—Third Time’s the Charm?
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
Cybercrime Meets Insider Trading
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 SEC’s Examination Priorities: What Every Private Fund Managers Need to Know in 2015 LIVE Webcast
In this CLE course, a panel of thought leaders and professionals organized by The Knowledge Group will provide the audience with an overview of the
SEC exam prep: What to expect in second half 2015
The U.S. Securities and Exchange Commission’s (SEC’s) 2015 examination priorities (PDF) are very different in scope and structure from those of previous years. For instance,
SEC Charges Private Equity Manager in First Ever Case Over Allocation of Broken Deal Expenses
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
What the SEC’s New Cybersecurity Guidance Means for Investment Advisers and Investment Companies
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
SEC Sanctions Investment Adviser for Failure to Devote Resources to Compliance Function
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
Greenwich CCO Compliance Roundtable
When: June 24th 2015 Where: The Belle Haven Club | 100 Harbor Drive, Greenwich CT 06830 Please join Victor L. Zimmerman of Curtis, Mallet-Prevost, Colt
