Tag: conflicts

The Share Class Selection Disclosure Initiative, launched in 2018, has become one of the Enforcement Division’s most successful, recent cooperation initiatives. The Initiative focused on the conflict that arises from undisclosed fees paid when investment advisers recommend mutual funds shares …

SEC Enforcement Concludes Successful Cooperation Initiative Read More »

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Last week a jury in the Central District of California found in favor of the Commission in a case centered on sham transactions used by corporate insiders to essentially misappropriate unregistered shares of the company. The shares were then sold …

Jury Finds for SEC, Against Advisor Re Undisclosed Fees Read More »

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