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The BD/IA Regulator Providing securities regulatory, enforcement and litigation trends for broker-dealers, investment advisers and investment funds

Tag Archives: FCPA

A New SEC Enforcement Direction for 2014

Posted in Broker-Dealer Regulation, Enforcement, Investment Adviser Regulation, SEC Enforcement

Each year, the SEC puts on its most informative conference of the year: The SEC Speaks.  During the course of the two-day conference, held this year on February 21 and 22, the Chair and each Commissioner, as well as the most senior staff of each division of the SEC, provide their thoughts and insights into… Read More

SEC Enforcement Division to CCOs: We Are in This Together!

Posted in SEC Enforcement

Stephen Cohen, the SEC’s Associate Director of Enforcement, tied robust compliance programs to enforcement “credits”. In remarks to compliance and ethics professionals at the annual conference of the Society of Corporate Compliance and Ethics, Cohen said that there is “no doubt in [his] mind that a strong compliance and ethics program not only provides direct… Read More

The SEC Speaks: Reflections and Enforcement Initiatives in 2013

Posted in Enforcement

When the SEC talks, people listen. And securities enforcement professions look forward all year to listening to the Commissioners and the SEC’s senior leadership speak at The SEC Speaks conference. In particular, discussions about the Division of Enforcement’s trends and priorities ranks as one of the most anticipated panels at the conference. This year, uncertainty about the… Read More

SEC Enforcement Priorities and Compliance Opportunities

Posted in Enforcement, FINRA Enforcement, SEC Enforcement

We recently peered into our crystal ball to divine the SEC’s 2013 enforcement priorities for advisers to private funds (i.e., hedge funds and private equity funds), but came up empty. Instead, we looked at the SEC’s public statements and prior enforcement actions, which reveal four areas of enforcement risk for private fund advisers. First, the SEC will… Read More