During a recent webinar sponsored by the Washington Legal Foundation, we explored the impacts intensive individual-focused criminal enforcement can have on an industry, using the recent history of criminal enforcement of food safety laws as a case study. … Continue Reading
Posts Tagged: Investment Advisors Act
The Securities and Exchange Commission said a political intelligence firm admitted wrongdoing and agreed to pay a $375,000 penalty for compliance failures in acquiring and handling potential material non-public information.
Marwood Group Research LLC also agreed last week to retain an independent compliance consultant.… Continue Reading
The Securities and Exchange Commission charged Barclays Capital Inc. Tuesday with failing to maintain an adequate internal compliance system to make sure it didn’t violate any federal securities laws after its wealth management business in the U.S.… Continue Reading
The SEC’s new Chair, Mary Jo White, made headlines last week by letting compliance officers know how important their role is to their organizations and to the SEC.
As she said: “It is, in short, you who set the bar, provide the expert guidance, and serve as the example for everyone.… Continue Reading
Last week, in the case Gabelli v. SEC, the U.S. Supreme Court unanimously held that the Securities and Exchange Commission, when seeking a penalty or fine in connection with a civil enforcement action, must file the action within five years of the completion of the alleged fraud or wrongful conduct.… Continue Reading