SEC Updates

  1. Full and fair disclosures of conflicts of interest particularly financial interest.  []
  2. SEC examining foreign investment advisers.  []
  3. Formation of its Asset Management Advisory Committee.  []
  4. Undisclosed compensation arrangements.  []
  5. Insider trading of IT employee.  []
  6. Preferential redemptions/other disbursements out of a hedge fund.  []
  7. Breached its fiduciary duty and defrauded retail advisory clients by, among other things, failing to disclose conflicts of interest related to the firm’s receipt of undisclosed compensation in the form of 12b-1 fees, revenue sharing, administrative fees, and mark-ups. []