Category Archives: Regulators

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Notes from SEC Risk Alert Oct 26th 2021

https://www.sec.gov/files/exams-registered-investment-company-risk-alert.pdf SEC Risk Alert  of October 26, 2021 Observations from Examinations in the Registered Investment Company Initiatives* All notes below are quoted from the SEC Risk Alert The Division of Examinations (the “Division”) conducted a series of examinations that focused on mutual funds and exchange-traded funds (collectively, “funds”) to assess industry practices and regulatory compliance […]...

Published On - November 9, 2021

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RegulatorsRegulatory Fines
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TIAA to Pay $97M for Pressuring Investors Into Rollovers

TIAA-CREF Individual & Institutional Services LLC, a subsidiary of Teachers Insurance and Annuity Association of America (TIAA), agreed Tuesday to pay the Securities and Exchange Commission $97 million in restitution to settle charges of inaccurate and misleading statements related to rollovers. TIAA was also charged with a failure to adequately disclose conflicts of interest to […]...

Published On - July 13, 2021

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Reg BIRegulators
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SEC Takes Aggressive New Step In Enforcing Reg BI

Broker-dealers have begun receiving requests from SEC examiners asking them to justify and explain their registered reps’ investment recommendations, a panel of attorneys and former regulators said Broker-dealers have begun receiving requests from SEC examiners asking them to justify and explain their registered reps’ investment recommendations, a panel of attorneys and former regulators said “I’d […]...

Published On - May 21, 2021

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