Tag: investment advisers

SEC Announces New Cooperation Initiative for Advisers

The SEC’s Division of Enforcement announced a new cooperation initiative addressed to investment advisers who have failed to disclose conflicts arising from the receipt of 12b-1 fees from mutual funds. In essence, the initiative offers advisers who failed to make

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This Week In Securities Litigation (Week ending October 13, 2017)

The Commission prevailed at the trial of Howard Present, a co-founder of F-Squared centered on the marketing claims for its AlphaSector product. That product was also the focus of a series of actions involving investment advisers who recommended it without

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