An investment adviser settled charges for making misleading statements in advertisements based on hypothetical performance.
News & Insights
At an SEC Investor Advisory Committee meeting, regulators, academics and market participants examined (i) the disparity in growth between the private and public markets, (ii) oversight of investment advisers and related custody rules, and (iii) a recent rule proposal regarding open-end fund liquidity risk management and swing pricing.
An investment adviser settled SEC charges relating to alleged misrepresentations on fees and failures to disclose conflicts of interest.
The SEC Office of Compliance Inspections and Examinations urged investment advisers to evaluate their fee and expense policies and procedures in order to meet compliance obligations.
The SEC Office of Investor Education and Advocacy issued an Investor Bulletin detailing factors to consider when opening an investment advisory account.