06/06/2022
Along with the additional step of undergoing verification by an independent third party, this was a significant project for a large asset manager such as CI GAM.
06/03/2022
Data on Thursday showed private sector employment rose by just 128,000 in May, payroll processing firm ADP reported Thursday.
06/02/2022
Depending on the circumstances and the type of fund name, an 80% Investment Policy may be fundamental or non-fundamental.
06/02/2022
Former PCAOB Regulator Joins Audit Leadership Team
06/01/2022
Counsel for the investment funds leading the case will seek legal fees of up to $51.8 million
05/31/2022
The Series A funding round was led by venture capital firm Canaan
05/31/2022
The case is another proof of concept after the SEC launched its dedicated greenwashing taskforce last year.
05/30/2022
The amendment also seeks to clarify the rule’s application to derivatives investments by stating that, in applying the 80 percent requirement, a fund should use a derivative investment’s notional amount and not its market value.
05/27/2022
The causes of action related to UBS’s Yield Enhancement Strategy (YES), a managed-account options strategy product.
05/27/2022
In order to charge a “material” misrepresentation, the SEC must demonstrate a misstatement or omission that presents a “substantial likelihood” of affecting the decision-making of a reasonable investor in light of the total mix of
05/26/2022
Aims to prevent greenwashing
05/25/2022
An Administrative Law Judge initially rejected the petitioner’s claim for a sales tax refund
05/25/2022
The proposal comes amid increased scrutiny of family offices in the wake of the Archegos Capital Management meltdown.
05/25/2022
Jennifer Choi of the Institutional Limited Partners Association says the regulator’s proposal would be a big step forward, though some issues remain
05/24/2022
Your source for the latest updates from the SEC, DOL and across the industry.
05/24/2022
The SEC’s investigation was conducted by Robert Baker and Michael Moran
05/24/2022
The charges come as investment advisors increasingly use ESG metrics to appeal to investors, according to SEC Enforcement Division Deputy Director Sanjay Wadhwa.
05/23/2022
Our currency, your problem
So said a former U.S. Treasury Secretary in 1971 to other finance ministers struggling with the soaring dollar. 50 years later, the strength of the greenback is again threatening many financial balances around the world.
05/23/2022
The order also found that, beginning in April 2017, Wells Fargo Advisors failed to timely file at least nine additional SARs due to a failure to appropriately process wire transfer data into its AML transaction monitoring system in certain other situation
05/20/2022
Katten Private Wealth Practice Receives Two Law Firm of the Year Awards
Kathryn von Matthiessen and Bonnie Lynn Chmil Also Recognized as Outstanding Individuals