SEC Settles Enforcement Action Regarding Investment Adviser's ...

Securities Enforcement Roundup – September 2024 - Morgan Lewis

Multiple firms settled with the SEC for violating the Whistleblower Protection Rule, demonstrating the SEC's continued focus on providing ...

US SEC charges investment adviser for undisclosed ...

On June 14, 2022, the SEC settled with ECP for charges relating to allocating “undisclosed, disproportionate” expenses to a private equity fund it advises.

The Supreme Court Strips SEC of Fraud-Fighting Forum, Sparking ...

Originally, the Commission could only seek to impose civil penalties on unregistered investment advisers in federal court, but the SEC's ...

SEC Enforcement and Investment Advisers: 2023 Is in the Books ...

In FY2023, the SEC filed eight settled enforcement actions focused on ... The SEC brought a settled action against an investment adviser for ...

SEC Issues Settled Enforcement Action against Investment Adviser ...

Rule 204A‑1 under that section requires registered investment advisers to establish, maintain and enforce a written code of ethics that includes ...

SEC ESG Enforcement Is Still Alive | Crowell & Moring LLP

Investment Practices Scrutinized ... On November 8, 2024 the SEC announced a settled enforcement action against Invesco Advisers, Inc.

SEC Enforcement Sweep Regarding Off-Channel Communications ...

... settled charges against 26 SEC-registered investment advisers, broker-dealers and dually-registered broker-dealers…

SEC Targets “AI Washing” by Companies, Investment Advisers, and ...

Recent SEC Enforcement Actions ... On March 18, 2024, the SEC announced settled charges against two investment advisers, Delphia (USA) Inc. (Delphia) and Global ...

SEC Enforcement Actions Against Fund Advisers Continues

On April 17, the SEC announced that it had settled charges against two more investment advisers in connection with its Share Class Selection ...

SEC Enforcement Actions Against Investment Advisers

In a recent settled enforcement action, the Commission charged that an investment adviser that managed approximately $3.5 billion in assets ...

Advisory Firm Marathon Asset Management Charged with Policies ...

The SEC's order finds that Marathon Asset Management violated Sections 204A and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-7 ...

SEC Brings Enforcement Actions for Breaches of Fiduciary Duties

Moreover, the SEC alleged that AIM breached its fiduciary duties to the existing fund by failing to obtain investor consent to the transaction ...

SEC Enforcement of Off-Channel Communications Continues

The SEC was likely slower to bring an enforcement action against a standalone investment adviser due to the differences in the recordkeeping ...

Securities Enforcement 2024 Mid-Year Update - Gibson Dunn

In February, the SEC announced settled charges against a registered investment adviser for failing to disclose certain details to a client about ...

SEC Enforcement Actions | ESG Litigation & Enforcement Tracking

The SEC charged BNY Mellon Investment Adviser Inc. for misstatements and omissions in ESG quality reviews for certain investments. To settle the charges, BNY ...

Securities Enforcement Actions

Secretary Galvin Fines SEC-Registered Adviser ... Secretary Galvin Charges Easton Investment Adviser with Misleading Customers Regarding Disciplinary History

SEC's Pay-to-Play Crackdown: Settlement Sends Strong Message ...

On August 19, 2024, the U.S. Securities and Exchange Commission (SEC) settled with a registered investment adviser (Adviser),1 whereby the ...

SEC Enforcement – Top Developments from February 2024

Also on February 16, the SEC settled charges with a registered investment adviser related to, inter alia, its disclosures regarding the role ...

Recent Action Shows SEC Enforcement Still Focused on ESG

WisdomTree agreed to pay a civil penalty of $4 million to settle the charges. Key Takeaways for Funds and Advisers. Funds and advisers should ...

Key Takeaways From SEC's First “Off-Channel Communications ...

enforcement action, which focuses on a stand-alone RIA that is not ... the scope and application of the Investment Advisers Act of 1940 ...