The SEC has approved new FINRA Rules 2030 and 4580 establishing pay-to-play requirements for broker-dealers marketing to government entities on behalf of investment advisers. FINRA Rule 2030, titled “Engaging in Distribution and Solicitation Activities with [...]
The Securities and Exchange Commission today announced penalties against 13 investment advisory firms for violating securities laws by spreading false claims about F-Squared Investment's AlphaSector strategy. According to the SEC: The firms repeated many of [...]
The SEC today adopted amendments to Form ADV. Under the revised rule, advisers will be required to provide: More detailed information about separately-managed accounts, including types of assets held, use of derivatives and borrowings Assets [...]