In recent years, the U.S. Securities and Exchange Commission’s Office of Inspections and Examinations (“OCIE”) has prioritized, in its examinations, the review of the fee billing and expense practices of investment advisers....more
In recent years, improving the protection of retail investors has been a main focus of the Securities and Exchange Commission (“SEC”). On October 26, 2017, Stephanie Avakian, co-director of the Division of Enforcement,...more
In recent years, the Securities and Exchange Commission’s (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) has been paying close attention to the fees and expenses charged by private funds and their...more