SEC Releases Archives - Page 8 of 88

RIA Pay-To-Play Violation Involving a Campaign Contribution

SEC Releases Introduction On April 15, 2024, the SEC announced an RIA violated the Pay-To-Play Rule by continuing to receive compensation from a government entity within two years after […]

SEC Marketing Rule Violations | 5 RIAs Charged

SEC Releases Introduction The SEC announced on Friday, April 12th, that they have charged five (5) Registered Investment Advisers (“RIAs”) for Marketing Rule Violations. This was focused […]

Recordkeeping and Code of Ethics Failures | $6.5 Million RIA Fine

SEC RELEASES Introduction On April 3rd, the SEC announced charges against a Registered Investment Adviser (“RIA”) for “widespread and longstanding failures” regarding the recordkeeping of […]

SEC Adopts Amendments Affecting Internet Investment Advisers

SEC Releases Introduction The SEC adopted amendments that affect the way Internet Investment Advisers register, particularly with small Investment Advisers. Although the different potential rule adoptions in 2024 address many topics, […]

Mandatory Disclosures | Gensler Discusses at Columbia Law

SEC RELEASES Introduction On March 22nd, SEC Chair, Gary Gensler, spoke at a Columbia Law School conference. He discussed the importance of mandatory disclosures in […]

Misleading AI Statements | SEC Charges Two Firms

SEC Releases Introduction On March 18th, the SEC announced charges against two Investment Advisers. Both Firms were found to have made false and misleading statements about their use […]

SEC Commissioner, Mark Uyeda, Discusses the Administrative State

SEC Releases Introduction SEC Commissioner, Mark Uyeda, recently addressed the Council of Institutional Investors on the administrative state. He voiced his concerns at the growth […]

Climate-Related Disclosures | SEC Adopts Rules

SEC Releases Introduction The SEC announced on March 6th, 2024, that final rules have been adopted that require Firms to provide disclosures for information related to climate […]

SEC Charges Firm $950k for Disclosure Failures

SEC Releases Introduction The SEC charged an Investment Adviser with disclosure failures related to required 13G and 13D Filings. Failures to submit timely required filings are taken seriously by […]

$1.5 Million Charge for ETF Launch Disclosure Failure

SEC Releases Introduction An RIA was recently charged $1.5 Million by the SEC for failing to provide proper disclosures about the launch of one of its new ETFs. The […]

$2.2 Million Reg BI Violation | SEC Releases

SEC Releases Introduction A Broker Dealer was charged $2.2 Million on February 16th for failures to comply with Regulation Best Interest (“Reg BI”). Reg BI continues to be an enhanced focus for the […]

SEC Chair, Gary Gensler, Discusses AI

SEC Releases Introduction SEC Chair, Gary Gensler, recently spoke at a Yale Law School event about Artificial Intelligence (“AI”) and the important role that regulators play. He discussed […]