Tag: investment adviser

SEC Charges Two Advisers With Fraud Tied to Retail Investors

The Commission filed another action centered on retail investors. In this case two employees of a well known Financial Institution took advantage of firm clients over a period of three years, defrauding them of thousands of dollars. SEC v. Polese,

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SEC Sanctions Adviser For Failing To Follow Its Procedures

It is axiomatic that investment advisers are required to the follow dictates of firm operating documents, internal procedures and disclosed policies and procedures. OCIE, when conducting inspections, focuses on such issues. The SEC has brought a series of cases centered

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