Tag: custody rule

The SEC has brought a number of custody rule cases as part of its broken windows initiative. Its newest proceeding centered on the custody rule, however, is a contested administrative proceeding which names as Respondents an adviser, its two principals, …

SEC Charges Recidivist Adviser, Co-Founders With Violations of Custody Rule Read More »

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The SEC charged an investment adviser and its principals with illegal fee splitting, violations of the custody rule, and making misrepresentations regarding the due diligence conducted to select investments.

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