Month: June 2020

A Risk Alert was published by the the Office of Inspections and Examinations or OCIE, alerting Investment Advisers of managed private funds to key issues that have arisen in prior examinations. The Alert highlights a series of deficiencies, some of …

OCIE Risk Alert – An Aid to Proper Compliance Read More »

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The ruling: The Supreme Court significantly limited the SEC’s ability to seek disgorgement. Specifically, the Court held that any award must be limited to the wrongdoer’s “net profits” and be awarded “for victims.” The Court rejected the expansive concepts used …

ANOTHER SEC LOSS IN THE SUPREME COURT Read More »

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