At the annual Compliance Week 2014, held last week, there was a general call for the SEC to provide the industry with better guidance regarding legal and compliance officers’ accountability for the misconduct of employees at their firms. To date, the current rules do...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: May 2014
SEC Issues Investor Guidance on Mutual Fund Fees and Expenses
Financial services firms should be aware that the SEC has recently stressed the importance of mutual fund fees and expenses disclosures, as well the impact they can have on an investor’s portfolio. In a recent Investor Bulletin, the SEC highlighted the fees and...
Former Nvidia Corp. Accounting Manager Settles with the SEC on Insider Trading Charges
Chris Choi, a former Nvidia Corp. account manager recently settled with the SEC on insider trading charges. According to the SEC complaint, filed in the Southern District of New York, Mr. Choi tipped a friend with nonpublic information before the technology company’s...
