An investment adviser settled SEC charges for disclosing to investors, potential investors and industry contacts material non-public information in violation of the adviser's policies and procedures.
News & Insights
An investment adviser settled charges for making misleading statements in advertisements based on hypothetical performance.
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 new risk alert, the SEC Division of Examinations highlighted observed compliance deficiencies by investment advisers on rules preventing the misuse of nonpublic information.
An investment adviser settled SEC charges relating to alleged misrepresentations on fees and failures to disclose conflicts of interest.