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Omissions Registered Investment Advisors

Kramer Levin Naftalis & Frankel LLP

OCIE Releases Risk Alert on Compliance Issues Related to Investment Advisers’ Supervised Persons With Disciplinary History

On July 23, the SEC’s Office of Compliance Inspections and Examinations (OCIE) released a risk alert setting forth compliance issues that OCIE had observed during its series of examinations of SEC-registered investment...more

Dorsey & Whitney LLP

SEC Files Another In A Series of Actions Tied to Secret Commissions

Dorsey & Whitney LLP on

The Commission brought another in a series of actions centered on ConvergEx Execution Solutions LLC and its affiliates. As with the prior actions, this one centered on secretly adding substantial commissions to transactions...more

Dorsey & Whitney LLP

SEC Charges Adviser, Principals With Financial Fraud

Dorsey & Whitney LLP on

A complex structure, attractive interest rates, a history of payments to investors and omissions about the opaque finances of the group of firms aided promoters in raising over $350 million from investors as the business...more

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