Conflicts of interest in allocating investment opportunities among your advisory clients can arise in a multitude of situations, including: Accounts subject to performance fees versus those that do not pay performance fees; Accounts that pay a higher investment management fee … Continued
I was reviewing some of the more interesting and relevant SEC Enforcement cases and came across the cherry-picking scheme of J.S. Oliver Capital Management, a San Diego-based investment adviser, and its President, Ian Mausner. According to the SEC complaint, they engaged … Continued
The Securities and Exchange Commission today issued an Investor Bulletin to help purchasers of municipal bonds better assess the bonds’ credit risks. The bulletin provides several factors for investors to consider including the type of the bond, the purpose and nature of the … Continued