Two recent SEC enforcement actions serve as a sharp reminder that Chief Compliance Officers (CCOs) can face personal liability for what they do – or fail to do – in the course of regulatory examinations for registered...more
8/15/2025
/ Chief Compliance Officers ,
Compliance Management Systems ,
Corporate Counsel ,
Enforcement Actions ,
Investment Advisers Act of 1940 ,
Personal Liability ,
Policies and Procedures ,
Recordkeeping Requirements ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Share on Twitter Print Share by Email Share Back to top On December 20, 2024, the U.S. Securities and Exchange Commission (SEC) announced that it settled charges issued against one registered investment adviser and two...more
1/9/2025
/ Compliance ,
Disclosure Requirements ,
Enforcement Actions ,
Form D Filing ,
Investment Adviser ,
Investment Funds ,
Private Equity ,
Private Investment Funds ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
Sender Primary Liability for Misstatements in PPMs and Prospectuses: Lorenzo v. SEC (No. 17-1077 -- U.S. – 2019).
On March 27th, the Supreme Court issued a 1934 Act Rule 10b-5 opinion that will have implications for...more
4/5/2019
/ Corporate Officers ,
Custody Rule ,
Digital Assets ,
Directors ,
Enforcement Actions ,
Intent to Defraud ,
Investment Funds ,
Janus Capital Group Inc v First Derivative Traders ,
Lorenzo v SEC ,
No-Action Relief ,
Personal Liability ,
Proposed Rules ,
Puerto Rico ,
Retirement Plan ,
Rule 10b-5 ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Securities Fraud