“Round 2” of Marketing Rule Enforcement Actions — Focus on Hypothetical Performance
By EsqSocial Corporation 19/04/24
On April 12, 2024, the U.S. Securities and Exchange Commission imposed fines and other sanctions on five registered investment advisers (RIAs) for violations of the Investment Adviser Marketing Rule (Rule 206(4)-1), which has now been in effect for nearly a year and a half. All five firms agreed to settle the SEC’s charges, resulting in aggregate fines of $200,000....
By: Akin Gump Strauss Hauer & Feld LLP