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.
In a speech before the Piper Sandler Global Exchange Conference, SEC Chair Gary Gensler floated a wide variety of possible changes to market trading rules.
An investment adviser settled SEC charges relating to alleged misrepresentations on fees and failures to disclose conflicts of interest.
At the 8th Annual Conference on Financial Market Regulation, SEC Commissioner Caroline A. Crenshaw identified private securities markets, Regulation Best Interest disclosures and the Consolidated Audit Trail as areas where the SEC should obtain more information to ensure data-driven rulemakings.