The SEC opened a new comment period to consider objections to proposed revisions to the funding model for the consolidated audit trail.
A venture capital fund adviser settled SEC charges for miscalculations that resulted in the payment of excessive management fees to two funds.
A bank holding company settled SEC charges for (i) failure to maintain accurate records regarding commercial real estate security valuations, (ii) failure to incorporate all available market data into its valuations, (iii) issuing material misstatements relating to its valuations and (iv) related supervisory failures.
A broker-dealer settled FINRA charges for (i) accepting short sale orders without first fulfilling the locate requirement, (ii) reporting trades with an inaccurate capacity symbol and (iii) related supervisory failures.
A broker-dealer settled FINRA charges for failing to accurately calculate its required customer reserve, which resulted in recordkeeping, reporting, supervision and customer protection rule violations.