The Securities and Exchange Commission has granted the Office of Compliance Inspections and Examinations a temporary reprieve from an administrative law judge's order to hand over certain documents subpoenaed by attorneys for Morgan Keegan.
Taki Vasilakis has joined FrontPoint Partners as chief compliance officer. He started work with the hedge fund firm Aug. 26, taking over from Michele Eng, who has taken on a role in Morgan Stanley Investment Management's compliance department. Morgan Stanley owns FrontPoint.
The Securities and Exchange Commission's recent amendments to Form ADV Part 2 could create a cottage industry of individuals comparing investment advisers' public disclosure documents, according to Miriam Lefkowitz, general counsel at Shufro, Rose & Co.
Michael Isaac, chief compliance officer at Stadion Money Management, has warned that retirement funds using alternative investment management strategies such as tactical asset management will struggle to comply with planned rules for target date funds.
A U.S. judge in Utah has entered final judgments against hedge fund adviser Thompson Consulting and three officials with the firm, including its chief compliance officer.
The Commodity Futures Trading Commission has obtained an emergency court order freezing assets held by Atoka, Okla.-based Jeremiah Yancy and his firm, Longbranch Group International of Houston, Texas.
Deutsche Bank has hired Frank Gecsedi, a former Merrill Lynch compliance officer, to help cover the firm's exchange-traded fund business.
JPMorgan Asset Management has disagreed with the Securities and Exchange Commission over disclosure requirements in the agency's planned target date fund reforms.
The Securities and Exchange Commission will not require money market mutual fund boards to pick credit rating agencies for now, solving a potential conflict with the Dodd-Frank Act.
Shearman & Sterling has raised questions about the practicality of the Securities and Exchange Commission's proposal to cap 12b-1 fees.
Vanguard has criticized the Securities and Exchange Commission's plan to require that marketing materials for target date funds include a statement that they should not be selected based solely on age or retirement date.
The Securities and Exchange Commission staff plans to appeal an administrative law judge's order that it hand over documents subpoenaed by respondents to the agency's case against Morgan Keegan to members of the Commission for review, according to Peter Anderson of Sutherland Asbill & Brennan.
Two women accused of running an alleged Ponzi-like scheme from an Anaheim, Calif., hotel have reached, or are close to reaching, regulatory settlements.
Gregory Todd Froning, a Coppell, Texas-based registered representative, has consented to the entry of a permanent injunction following Securities and Exchange Commission accusations that he misappropriated more than $800,000 from investors.