ICOs Will Stay in SEC’s Enforcement Crosshairs
In short, the SEC will be looking at initial coin offerings for violations of the sort they routinely look for in other contexts.
SEC Cyber Enforcement Likely to Make Advisors, BDs WannaCry
Enforcement actions for failures to protect against cyber threats appear to be an issue everyone at the SEC can get behind.
Under Clayton’s SEC, Hefty Fines for Inadvertent Errors May Be Status Quo
Two big fines on fund advisors regrading paying 12b-1 distribution fees call into question just how lenient the current SEC is willing to be.
Big SEC Penalties May Be History Under New Chair
Acting SEC Chair Piwowar’s recent decisions and comments regarding penalties suggest a move away from higher and higher penalties against advisors.
SEC Easing of 'Accredited Investor' Restrictions: The Benefits
Permitting people of modest means to make their own investment decisions may be too radical for Congress or the SEC.
Will Trump SEC End ‘Broken Windows’ Cases Against Advisors and Brokers?
Chairwoman White’s departure may not end the Enforcement Division’s pursuit of minor violations.
SEC's Sketchy Insider Trading Definition Sparks Enforcement Actions
Fund advisors should re-examine policies to prevent insider trading given the shifting contours of insider trading law and the SEC’s aggressive enforcement.
SEC Actions on Private Equity Fees Show Agency's Enforcement Aim
On Form ADVs and elsewhere, the SEC scrutinizes differences between what managers say they'd do and what they actually did.
Treasury's AML Rule for RIAs Could Kick In Any Day Now
Be forewarned that AML rules have a way of expanding to new and unanticipated areas, creating large enforcement targets for regulators to pursue aggressively.
SEC Stance on BD Registration for PE Managers Remains Unclear
Little-noticed cases against private equity firms Blackstreet and Rubicon have failed to dispel the confusion over whether PE managers are required to register as brokers.