SEC
Investment | 16 Sep 16
Jersey, Guernsey and US regulators target Providence Global
The Jersey Financial Services Commission (JFSC) is working closely with its Guernsey counterpart and in parallel with US regulators against wound-up financial services firm Providence Global.
North America | 9 Sep 16
SEC fines two advice firms over client fee disclosure
The US Securities and Exchange Commission has settled charges against two investment advice firms after some clients were unaware that they were being charged more than the single fee they were paying for investment services.
People Moves | 8 Sep 16
PEOPLE MOVES: Aviva Investors, Manulife, Aegon
Aviva Investors has added four senior people to its client solutions team, while Manulife has named its new chief operating officer. Aegon’s chief financial officer is to depart, with Axa Investment Managers boosting its management team.
Investment | 31 Aug 16
SEC fines 13 US advice firms $2.2m over false ETF claims
Thirteen financial advice firms have been fined a combined $2.2m (£1.7m, €1.9m) by the US Securities and Exchange Commission (SEC) for making false claims in relation to the ill-fated ETF manager F-Squared Investments, which filed for bankruptcy last July.
Best Practice | 26 Aug 16
Greater disclosure requirements for US investment advisers
Investment advisers in the US will need to provide more information to the Securities and Exchange Commission (SEC) as the regulator steps up its monitoring of the asset management industry.