by Ara Jabrayan | Jan 10, 2023 | Best Execution, Books and Records, Cherry-Picking, Chief Compliance Officer, Code of Ethics, compliance deficiencies, Compliance Violations, Conflicts of Interest, Deficiencies, Division of Enforcement, DOL Fiduciary Rule, Duty of Care, Fiduciary Duty, Investment Adviser Code of Ethics, Investment Adviser Representative, Registered Investment Advisers (RIAs), Regulation Best Interest (BI), RIA Compliance, RIA Compliance Policies, Safeguards Rule, SEC Investment Adviser Compliance, SEC NEWS, SEC Rules, SEC Staff Bulletin, Standards of Conduct, Supervision Initiative
On November 15, 2022, the SEC announced its enforcement results for fiscal year 2022. Despite the lingering impact of COVID 19, the SEC filed 760 enforcement actions and recovered a record $6.439 billion in penalties and disgorgement on behalf of investors. The... by Ara Jabrayan | May 14, 2021 | Fiduciary Duty, RIA Compliance, SEC Investment Adviser Compliance, Uncategorized
A Registered Investment Adviser’s (RIA) and its Investment Adviser Representatives’ (IARs) obligations as fiduciaries are quite extensive. Even seasoned Investment Advisers may not fully understand their fiduciary obligations. Fiduciary duty encompasses much more than... by Ara Jabrayan | Aug 21, 2019 | Cherry-Picking, Press Releases, RIA Compliance, SEC Investment Adviser Compliance, SEC Rules
Allocating favorable trades consistently to certain accounts, while consistently allocating less favorable trades to other accounts is an unethical practice that will cause serious problems for Registered Investment Advisers (RIAs) and Chief Compliance Officers...
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