Tag Archives: investment adviser

Fund Adviser Mans Up And Pays Out

Being honest with your shareholders is an important facet of being an investor owned entity. T. Rowe Price manned up by admitting their clerical error and paying out ~$194 million. TRP, a large mutual fund manager, was against the going-private … Continue reading

Posted in Banking, Congress, discrepancies, fraud, Investments, Jobs, Legislative Intent, review, SEC, technology | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Too Big For “Bad Boy” Sanctions?

The SEC Commissioners are struggling over whether a big money center bank can be “too big to be a bad actor.” Bloomberg reports that the Democratic-appointed Commissioners are arguing that Bank of America should not get a “bad boy” waiver … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Cop Is On the Beat

The SEC’s Enforcement Division released its stats for its 2014 fiscal year, noting its use of “data and analytical tools.” Highlighting their “successful” year, the Division “filed a record 755 enforcement actions covering a wide range of misconduct, and obtained … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Creates New Jobs

The JOBS Act continues to spawn new jobs. One new profession could be the “trusted third party” that, for purposes of permitting an issuer to advertise its private placement, has taken reasonable steps to verify that the purchaser of that … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

When I’m 64…

Pension consultants and investment advisers are beginning to create awareness of crowd funding investment opportunities for individual IRAs. One such website suggests: “Who knows, with just $2,000 of your own IRA dollars, you could be in on the next Steve … Continue reading

Posted in Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Investments, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment