The U.S. Securities and Exchange Commission (“SEC”) recently approved a Financial Industry Regulatory Authority (“FINRA”) proposal to adopt a new regime for the regulation of electing broker-dealer firms that meet the...more
11/18/2016
/ Acquisitions ,
Broker-Dealer ,
Brokers ,
Capital Acquisition Broker (CAB) ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Fund Managers ,
Fundraisers ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Investment Funds ,
M&A Brokers ,
New Regulations ,
No-Action Letters ,
Penalties ,
Portfolio Managers ,
Private Equity Funds ,
Private Funds ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Unregistered Brokers
On September 22, 2014, the Securities and Exchange Commission ("SEC") charged Lincolnshire Management, Inc. ("Lincolnshire"), a New York-based private equity fund adviser, with breaching its fiduciary duty to two investment...more