As investors have piled into ESG-friendly mutual funds over the past several years, the SEC has begun ratcheting up scrutiny of the representations made by the advisers of those ESG investment funds. This week, the SEC...more
5/26/2022
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Greenwashing ,
Investment Funds ,
Mutual Funds ,
Securities and Exchange Commission (SEC) ,
UK
You know what the happiest animal on Earth is? It's a goldfish. Y'know why? It's got a 10-second memory. Be a goldfish.
During the pandemic, we have had a lot of lows, as well as a few highs. And that’s just in pop...more
12/9/2021
/ Arbitration ,
Corporate Communications ,
Department of Labor (DOL) ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Services Industry ,
Mutual Funds ,
Net Capital Rule ,
Regulatory Violations ,
Rollover Equity ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Settlement Agreements ,
Special Purpose Acquisition Companies (SPACs)
Last week, the Financial Crimes Enforcement Network (FinCEN) and its regulatory partners issued a joint statement in an effort to increase transparency around risk-focused Bank Secrecy Act/anti-money laundering supervision....more
On January 28, 2019, the Financial Industry Regulatory Authority, Inc. (FINRA) launched its 529 Plan Share Class Initiative (the Initiative) to encourage member firms to self-report potential violations of rules governing 529...more
The Share Class Initiative -
On February 12, 2018, the Division of Enforcement of the US Securities and Exchange Commission (SEC) announced the Share Class Selection Disclosure Initiative (Initiative), which informed SEC...more