The SEC’s penalty against fixed-income manager Deer Park signals increased vigilance over investment advisers’ valuation policies for client assets.
On June 4, 2019, Deer Park Road Management Company, LP (Deer Park or the...more
In Robare, the D.C. Circuit clarifies the negligence and willfulness standards under Sections 206 and 207 of the Act.
On April 30, 2019, the United States Court of Appeals for the District of Columbia Circuit issued its...more
How statements in both traditional and new media outlets may catch the SEC’s attention.
From music moguls and sports icons promoting cryptocurrencies and digital tokens,1 to reality television stars bringing down the price...more
6/29/2018
/ Celebrities ,
Celebrity Endorsements ,
Cryptocurrency ,
Investment Advisers Act of 1940 ,
Material Misstatements ,
Misrepresentation ,
Omissions ,
Personal Liability ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
The action may have significant implications for PE advisers performing brokerage services; highlights SEC’s focus on advisers receiving transaction-based compensation.
On June 1, 2016, the Securities and Exchange...more
6/29/2016
/ Broker-Dealer ,
Investment Advisers Act of 1940 ,
Management Fees ,
Neither Admit Nor Deny Settlements ,
Offsets ,
Portfolio Companies ,
Private Equity ,
Private Funds ,
Registration Requirement ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Transaction-Based Compensation