The Division of Examinations in the Securities and Exchange Commission pushed out a new risk alert focused on Investment Adviser Annual Compliance Reviews. SEC-registered investment advisers have been required toconduct a review of their compliance policies and procedures at
Pay $500,000. Get Censured.
Independent Financial Group was a dually registered broker-dealer and investment adviser. It had investment discretion over at least $100 million in reportable securities under Rule 13f and met the definition of “institutional investment manager” under section
The Securities and Exchange Commission and the Commodity Futures Trading Commission jointly agreed to further extend the compliance deadline from October 1, 2026 to July 1, 2027. That means it will not be a 2027 item for annual filers.
“Commission
The charges against Mark D. Hanf and Hoai-Nam Chu Phan at the California-based Pacific Private Money Group LLC looked liked a fairly regular investment scheme gone bad, turned into a Ponzi-scheme. They raised capital with the intent of making real
The Securities and Exchange Commission charged 38 firms with filing material misrepresentations in their Forms ADV. The SEC alleges that the goal was to falsely portray themselves as legitimate advisory firms to U.S. investors.
There were a similar half-dozen of
The Securities and Exchange Commission is continuing its quest to bend over backwards to get crypto assets to the masses. Paul Atkin’s run SEC has sent a new custody rule to the Office of Information and Regulatory Affairs, part of
Are you new here? The Howey case on the definition of security was about an orange farm in Florida. The Securities and Exchange Commission’s case against TKO Farms and James Brian Blaylock caught my attention because of this mirror of
The Treasury Department’s Financial Crimes Enforcement Network published a final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act. Additionally, FinCEN will delete from its database information previously
On July 7, the SEC released its latest regulatory flexibility agenda. Browsing through the agenda, its a clear sign of de-regulation of financial services. Of the 38 items on the agenda, I highlight some that are most applicable to private
