In a Guidance Update published on December 15, 2016, the staff of the U.S. Securities and Exchange Commission’s (SEC) Division of Investment Management (Staff) articulated its views as to certain disclosure issues and...more
12/23/2016
/ Department of Labor (DOL) ,
Disclosure Requirements ,
Fee Disclosure ,
Fiduciary Rule ,
Guidance Update ,
Investment Company Act of 1940 ,
Investment Funds ,
Investment Management ,
Mutual Funds ,
New Guidance ,
Sales Load Variations ,
Securities and Exchange Commission (SEC) ,
Share Class Structures
The U.S. Securities and Exchange Commission (SEC or Commission) issued a cease and desist order (Order) on June 23, 2015, against Pekin Singer Strauss Asset Management Inc. (Adviser), an investment adviser registered under...more
8/6/2015
/ Asset Management ,
CCO ,
Cease and Desist Orders ,
Chief Compliance Officers ,
Compliance ,
Corporate Officers ,
Enforcement Actions ,
Ethics ,
Fraud ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Funds ,
Policy Violations ,
Portfolio Managers ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Tone At The Top
The July 14, 2015 compliance date for certain new money market fund reporting and disclosure requirements adopted by the U.S. Securities and Exchange Commission (SEC) is quickly approaching. In particular, money market funds...more
The Division of Investment Management (“Division”) of the U.S. Securities and Exchange Commission (“SEC”) recently published guidance (“Guidance”) addressing steps that funds and fund advisers should consider in light of...more
2/14/2014
/ Banking Sector ,
Broker-Dealer ,
Federal Reserve ,
Fixed Income Investments ,
Internal Revenue Code (IRC) ,
Investment Adviser ,
Investment Funds ,
Investment Management ,
Market Making ,
Market Risk Capital Rule ,
Securities and Exchange Commission (SEC) ,
Volcker Rule
The Financial Stability Board (FSB), in consultation with the International Organization of Securities Commissions (IOSCO), issued “Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important...more